Bad news for those in the news industry pinning their hopes on a tablet future: Nielsen looked at willingness to purchase media content among tablet owners in the U.S., U.K., Germany and Italy and found that Americans are the most likely to pay for all categories of media content – except news.

This doesn’t bode well for the future of print magazines: according to media measurement and insights firm GfK MRI, 67% of tablet users say they would rather read an electronic version of a magazine than a paper version.

American adults spent 30 percent more time with their mobile phones this year, meaning that for the first time now spend more time with their mobile phones than with print magazines and newspapers combined, according to a new report from eMarketer.  That gap is likely to continue widening.