Here is a follow up to the story below which I put up yesterday and this my be the way things will go every were in the future:
February 27, 2009 12:48 PM PST
Hearst to publish its periodicals electronically
by Dong Ngo
Looks like the e-paper revolution is really about to start.
Hearst Corporation, one of the largest media conglomerates in the world, announced Friday that it has developed an electronic reader for newspapers and magazines, the way that Amazon's new Kindle does for books.

Soon you'll be able to read magazines and newspapers on an e-reader.
(Credit: theoprahmag.com)
The news, first reported by "Fortune", is really significant as Heart owns about 16 daily and 49 weekly newspapers and has influence on hundreds of magazines. Examples of those include the "San Francisco Chronicle," "O," and "Cosmopolitan."
It's unclear if the device Hearst has been working on has anything to do with the eReader that Plastic Logic unveiled recently but its principle seems the same. It's a handheld device used to read digital content, much like the Kindle. The main difference would be the Hearst's e-reader has a much larger size to accommodate the format of newspapers and magazines.
It's also speculated that Hearst's e-reader is going to be physically flexible and even foldable. The first version would come in black and while with the later coming in color and even with video-playback capability.
Once implemented, this would change the way newspapers and magazines are published. Instead of getting a print copy, you can just download the newest issues on the e-reader, wirelessly. No printing or paper is involved. Aside from the environmental factor, this would cut down about 50 percent of the cost to circulate a periodical.
It's also not clear when you can get the first issue of "Cosmopolitan" on this new e-reader but considering the recent launch of the Kindle 2 and the upcoming e-reader from Plastic Logic, Hearst's new e-reader will probably be launched in 12 or 18 months.
Dong Ngo is a CNET editor who covers networking and network storage, and writes about anything else he finds interesting. You can also listen to his podcast at insidecnetlabs.cnet.com. E-mail Dong.