Oh god no, and it never will be. This'll be a tangent, sorry in advance :3
The survival of a medium, any medium, largely depends on what it has to offer, and boy does literature have lots to offer. Books specifically, and novels especially, are beautifully unique. I could easily fill a laundry list with the benefits that the novel format bestows upon narrative, character, and tone. In fact, the same ideas can be applied to every narrative medium.
Graphic novels come with the novelty (no pun intended) of unlimited artistic expression, whereas film and television allow actors, sets, and visual effects to bring characters and settings to LIFE. The artistry of those industries is also unique; mise-en-scene, musical score, editing... etc.
But BOOKS. Oh boy, books are special. Maybe I'm biased (although I honestly can't stand anyone hating on any narrative medium). Literature is undeniably an art form that stands entirely on its own, without relying on another. I doubt anybody would argue that though. Lots can be said from a technical perspective, but I doubt it has to. From a narrative perspective, novels offer a host of unique qualities. Take Crime & Punishment by Dostoyevsky for example, my all time favorite novel. I use it as an example because I think it effectively illustrates a specific quality that is very unique to books: characters' inner voices. I firmly believe this novel is unfilmable, because probably around 60-70% of it happens inside Rodya's head. His heart and mind are the focal points of the novel, and the reader gets to experience that first-hand in a way that no other medium could effectively convey. There's so much more that's unique to books (and literature in general), but again, I doubt they need to be said.
I don't thinking reading is dead or dying, I think it's simply lost its prior spotlight with the already massive and continually growing popularity of other mediums. But I know so many people who love to read and who are just as passionate about books as I am. As long as books continue to offer something that nothing else can, they will always be relevant.
I also don't distinguish between paper books and e-books. A book's a book, and reading is reading, how you chose to do so changes nothing but the quality of your eye sight :p
I love books (: