Publishing Developments

According to ALPSP’s whitepaper entitled How Is Scholarly Communication Changing as a Result of the Web? (Brighton: ALPSP, 2006):

Institutions will drop print as the format
they acquire within the next 5 years.
Publishers need to be prepared for this with
a thorough and detailed understanding of
their print-specific, online-specific and
shared print- and online-related costs and
revenues.

My recollections of predictions of the demise of print go back more than ten years. The infrastructure for provision and preservation of online literature is, of course, much stronger now, but I wonder if all institutions are really ready to break with their ingrained collection-development habits.