Done right digital versions offer some advantages print cannot. Does print offer any advantage over digital beyond not needing a powered device?
One small disadvantage: When I was a kid, I remember a HUGE stack of National Geographic magazines that stat around my grandparents' house. Many of them dated back to IIRC the 1940's and 50's, and some older still... I could sit around as a kid in the 1970's and leaf through them, no problem.
Would we be able to, 30-40 years hence, be able to even open some of these digital mags without paying (again) for the privilege of doing so? What if the website dies off? What if archive.org didn't, well, archive it?
Paper may be inefficient at many things, but even magazine publishers that died off a long-assed time ago likely still have one or two copies of their editions floating around somewhere (even if it's sitting in a flea market or antique store...)