It's not at all a collapse of journalism. It's a collapse of the print periodical with a content focus on topical current events. There just isn't a need for that specific kind of journalism anymore, and for the majority of topics that do demand journalistic investment, it makes 100% more sense to focus on online than print anyway (looking at things like The Economist and Foreign Policy, or The Atlantic and New Yorker). I'd argue high quality journalistic work is supremely valuable but it needs to be targeted, and lots of legacy news properties (NYT, The Guardian, etc) have been doing that -- online, often with multimedia and interactive stories.
It's the same with scientific journals. Yes, print journals are a thing, but who actually uses them anymore, even in higher ed?
The challenge, of course, is convincing netizens to pay for your content, or freeing it in a way that isn't alienating to readers.
(fwiw, I subscribe to a couple of print magazines for my 1st grader. I think they're great for kids!)
It's the same with scientific journals. Yes, print journals are a thing, but who actually uses them anymore, even in higher ed?
The challenge, of course, is convincing netizens to pay for your content, or freeing it in a way that isn't alienating to readers.
(fwiw, I subscribe to a couple of print magazines for my 1st grader. I think they're great for kids!)