Not surprising and that's the logical way for magazines to go. When I started shooting handguns, I read every gun magazine published for about 8 years. Then, when I realized they had nothing left to say and were just publishing the same stuff over and over, I boxed them up and gave them all away, around 1995. There is very little useful information, once you learn what they have to say and realize all they are doing after that is advertising new models and new ammo. Sadly, there probably won't be any real print magazines left soon and, while I don't read them anymore, I think that's a bad thing.
The down side is that most people aren't going to pay for an online magazine, because they can't see why that's worth money when they have the whole internet. But the reason the magazines are/were better than "the internets" is because to get paid to write gun articles you had to have some level of expertise that was recognized by the publisher and what you wrote was reviewed by an editor before publishing. Then your article got feedback in the next issue, that was also read and selected for its value by an editor. This filtered out a lot of the nonsense that we see on Glock Talk and other web sites where amateurs share unfiltered gun "knowledge" and opinions, for better or worse.
In turn, the loss of the magazines will affect the quality of the next generations' basic gun knowledge and the whole gun world goes downhill.