It depends on what one is reading, and, in turn, that influences how one reads it. I find that if I merely need information, the online world is an excellent source, but if I want to think about what I am reading, I prefer it in a hard copy format.
Personally, I don't mind reading newspaper articles and short pieces that don't require close attention online, though I prefer to read longer, more thoughtful, articles in an actual paper or publication format.
Likewise, I still much prefer to read books as books, printed on paper, between covers, rather than their screen equivalents.
And, when working as an editor, I have noticed that I pick up errors far faster when working with a hard copy than on a screen.