Newsweek has announced that it is going digital only, bringing an end to the magazine’s 79 year history in print. The magazine’s editor Tina Brown said that due to the ‘challenging economics of print publishing’ it has decided to become an Internet only publication. She admitted that saying goodbye to the ‘romance’ of the printed word was hard but the status quo could not continue. Staff have been warned there will be redundancies ahead of the final edition on December 31.
The decision brings to an end the the publication of a magazine which was founded in 1933 with financing from the son of industrialist Andrew W. Mellon. It has been one of the longest running magazines in American history, but in recent years it has struggled with declining advertising revenues. In 2010 Newsweek merged with news and culture website The Daily Beast and last year the print edition underwent a redesign in the hope of bringing in more readers. The new digital version of Newsweek, which will be called Newsweek Global, will be available on the web and e-reader and tablet format on a subscription only basis, with some content made free. To Read More......
My Take - This is just the beginning. Local papers in major metropolitan centers are cutting back or going out of business. Magazines and newspapers are dying for good reason. They deserve it! They have been misrepresenting the facts for years; misleading the public by pushing a socialist agenda....subtly. Now they are almost hyperbolic because the internet is exposing who and what they are and society will is no longer rewarding them by supporting their publications. The internet stuff they will spew out will last, but only because the cost factor is miniscule. But the real question is this. Where will all these leftie journalists go to work? One can only hope the answer is nowhere! RK
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