Answer:
That statement is true
Explanation:
In order to create hard-copy of the magazines, publishers need to prepare large amount of capital for the papers, inks, and distribution cost. If they do not meet their sales target, it is very unlikely that magazines can be resold since they relied on current events to attract customers.
This is why Moving to digital format is way more beneficial for them.
They can eliminate the cost of materials and distribution by moving their content to the website.Not only that , it enables people to consume their content whenever and wherever they want. The magazine publisher also can create an advertisement page or paid subscription on the website just like they used to with traditional media.