- Israel hits symbols of Hamas rule; scores killed
- Mississippi abortion law can’t be enforced
- Teacher who survived Sandy Hook has book deal
- Jury awards Jesse Ventura $1.8M in case vs. ‘American Sniper’ author Chris Kyle
- Government OKs Arab-owned company to operate U.S. cargo port
- Defense lawyer: McDonnell’s wife had ‘crush’ on CEO
- Chinese hackers stole ‘huge quantities’ of sensitive data on Israel’s Iron Dome
- House unveils bill to speed deportations of illegal immigrant children
- Californians protest middle school for hiring white man to teach cultural studies
- Killer’s sentencing overturned because mother couldn’t find seat in courtroom
Newsweek ending print edition, job cuts expected
Question of the Day
NEW YORK (AP) - Newsweek plans to end its print publication after 80 years and will shift to an all-digital format aimed at online users starting in early 2013. Job cuts are expected.
Newsweek’s last U.S. print edition will be its Dec. 31 issue.
With more and more consumers on the go and using their cell phones and tablets to receive the news, media organizations have had to increasingly shift more of their emphasis online.
SmartMoney, for example, announced in June that it was shuttering its print publication in favor of a digital format. Dow Jones & Co., a unit of News Corp., said at the time that 25 positions at SmartMoney would be eliminated.
Newsweek’s decision does not come as a complete surprise. Barry Diller, the head of the company that owns Newsweek, announced in July that the publication was examining its future as a weekly print magazine. Diller said then that producing a weekly news magazine in print form wasn’t easy.
The announcement of the change was made by Tina Brown, editor-in-chief and founder of The Newsweek Daily Beast Co., on The Daily Beast website Thursday.
“In our judgment, we have reached a tipping point at which we can most efficiently and effectively reach our readers in all-digital format,” she said.
Brown said staff cuts are expected, but didn’t give a specific figure. She also said that Newsweek’s editorial and print operations would be streamlined in the U.S. and abroad.
Brown said that the online publication will be called Newsweek Global and will be a single, worldwide edition that requires a paid subscription. It will be available for tablets and online reading, with certain content available on The Daily Beast website.
“We are transitioning Newsweek, not saying goodbye to it,” she said.
TWT Video Picks
- Boehner rules out impeachment: 'Scam started by Democrats'
- Obama: 'Not a new Cold War,' but new Russia sanctions announced
- Obama thanks Muslims for 'building the very fabric of our nation'
- Federal judge grants 90-day stay in D.C. gun case
- Smugglers, rainstorm combine to poke holes in border fence
- PHILLIPS: Once-in-a-century stupidity
- Obama's brother wears Hamas scarf bearing anti-Israel slogans in photo
- HURT: Impeaching Obama is a losing strategy for the GOP
- Kerry's credibility questioned as fighting in Gaza rages
- D.C. seeks to stay judge's order allowing gun owners to carry in public
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world