The Persistance of Litmags

A lot of poetry--the published poetry, anyway-- in America is coming out in literary magazines. Some of them have names that are words of power: Kenyon Review. Ploughshares. Paris Review. Threepenny.  But-- does anybody read them? Why do people start litmags, anyway?  And... after the excitement of the first few issues.. why do they keep at it?
And, more important: how is it that they keep surviving in the 21st century?
In the New Yorker, Stephen Burt writes about The Persistence of Litmags... and how they've adapted to the electronic age.

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