How will internet change future of news?

OK, so many people want to know - how will internet change future of news? Truth is that we are already seeing the coverage of science over the web. Also, many newspapers will fold as the net takes over news coverage. The future of news is very exciting, but we must realize that times change. A time traveller from the future might wonder why we spend so much money of print when the web allows us to deliver content faster and a lot cheaper.