The Advance Publications president compared the web to the Gutenberg revolution — then watched the company pull daily print and lay off hundreds.

Donald E. Newhouse has died at 96. He was president of one of the largest family-controlled publishing companies in the nation and a former board chairman of The Associated Press.

Billionaire media owner built Advance Publications into an empire spanning Condé Nast, newspapers, cable and entertainment; he also backed Syracuse’s Newhouse School and dementia…