Could you submit a business plan and get investment or loan for a new print publication? I doubt it!
There is only one big difference.
You can start online publishing with
$500 digital camera
$30 a month for internet connection, domain name and server
Writing my fist book 1993 was much more complicate
$3000 for my ATARI TT
$1000 for DTP software
$2000 for lightning the book
$3500 for printing 2000 copies
Much effort to find a publisher