Old media is getting beaten up everywhere - newspapers are just one of the more visible victims. In the tech world, the "old" tech journals are getting ripped. Forbes notes the decline here - you can also see it in things like ComputerWorld. Just this week, they flipped from the tabloid format to the smaller magazine form.
That's not the biggest problem though. As Forbes notes, if your journal exists to break tech news, how can you possibly survive against the 24x7 nature of sites like ValleyWag and Engadget? News analysis is one possibility, but you can get that online, too. As the ad dollars for these pubs decline, I expect the free distribution (I get tons of free journals) to start drying up fast.
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