The voice of independent journalism has already moved online. It exists in blogs, forums, dedicated websites, consumer supported outlets (e.g. Patreon), and video outlets. The concept of a curated print publication is dead because the medium isn't dynamic enough to suit the advertisers. Like any fundamental shift in technology/business model the money (advertising) follows the activity. We as a society killed the magazines by simply no longer needing them - no market, no revenue. Communities (FB/Twit/forums) and the like are the new target. The information I read here (for example) is way more valuable to me than anything I have gotten out of a magazine in many years.