Somewhere far off into the future, I think paper books will be replaced with some medium that is almost indistinguishable from them, but more ecologically stable. On a basic level, it will be the same. Our eyes aren't built to read massive amounts of text from a typical monitor and probably never will be, without extensive modification.
As for newspapers and magazines, I think they will slowly disappear over the next hundred years or so, as the last people who grew up without lots of computers around them die out. I don't see the problem in this though. I know lots of journalists. Most of them simply work online or for TV instead of tradtitional newspapers.