How will magazines survive the Internet?

How will magazines survive the Internet? I guess I should point to this
transcript of a panel discussion on the topic. However, I’m in the
midst of an interview on the same topic and so I’ve had the weekend to
think about why I think it’s a ridiculous question: How will magazines
survive the Internet?

Fortunately, my interviewer is allowing me to start with the obvious
premise that the print format we now call “a magazine” is going to be
around for, well, until Wal-mart decides it doesn’t want them to be
published anymore. (Note: that was a joke.)