The physical book will always remain in some respect, but more as an aesthetic curiosity, and a fine, curated remnant of a prior age. But reading? Whether by candlelight or halogen, that will be done by Kindles, Nooks and iPads.
Journalism isn't in jeopardy; it's just in another transition to a new and better place. And as long as the public puts a premium on quality information and analysis -- and the public always will -- journalism will thrive.