yes, i totally agree, but its not limited to magazines. everything could be hosted on Steemit.
The beauty is, its not limited to videos, or tweets or pictures. you are able to post anything you want on steemit.
If we can pay authors for their articles, well i am sure they could earn 10x the amount they would earning at an newspaper. lets say an author has something with the magnitude of Snowden etc. than you can be sure that will be huge payout.
You could use Steemit as a whistle blower platform, you could use it for webinars the options are unlimited.