The End of Print for Newsweek
Just a few hours ago Tina Brown, the editor-in-chief of Newsweek/The Daily Beast announced that as of the end of this year, they will be going all-digital.
Newsweek Global, as the all-digital publication will be named, will be a single, worldwide edition targeted for a highly mobile, opinion-leading audience who want to learn about world events in a sophisticated context. Newsweek Global will be supported by paid subscription and will be available through e-readers for both tablet and the Web, with select content available on The Daily Beast.
The print industry has been struggling for the past few years, and through my own industry connections have seen that publishers are finally making a profit online. This is a great thing for the web industry.
Those of us who still feel the romance of a printed magazine will lament as more and more publishers move away. However I’m hopeful and optimistic that the people who stick with print will become more interested and craftsman-like. The Paper here in Louisville is a great example.
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