As someone who personally reads nearly exclusively in digital forms, this has always been my take. There’s a vocal minority of digital readers who want physical books to go away, but I was never one of them and in fact spent time while active on social media arguing with them. I love physical books and will continue to make space for a bunch of them in my home.
Though the decline in mass market paperbacks actually began in the ‘80s, and was driven by consolidation among publishers and among places that used to sell them and among distributors. Ebooks were a contributing factor, particularly in genres whose readers buy a whole lot of books, starting with romance, but the decline was well-entrenched before ereading devices and then apps were anything but fringe, and the people responsible are in C-suites making decisions about publishing and book selling while caring nothing for books or readers.
It would be fair to say I have opinions about how my beloved stories (and histories, sciences, etc.) get to me, and all the others who want them.