The Beginning Of The End? Newsweek Will No Longer Publish Print Edition

We obviously appreciate the particular advantages of online media, but we still count down the days until the latest of our various print subscriptions arrive in the mailbox. But, sadly, that's a declining option these days (though many Americans profess that view, the numbers suggest their true loyalties lay with the cheapest, fastest read, and that's understandable). Print ad sales and subscriptions have been in a free fall over the last decade, and Newsweek is no exception: While the staple of American media struggled to create a stronger online presence, print subscriptions were cut in half between 2001 and this year. Now, just a couple of years after its merger with online news site The Daily Beast, the weekly magazine has announced it will cease print publication at the end of 2012 with the last issue hitting newsstands on December 31.
Hopefully, Tina Brown (founder of The Daily Beast and the major player in this first-of-its-kind merger) will be able to maintain the brand's identity regardless of the medium. But the future is still very uncertain. Staff reduction is inevitable, and Barry Diller, chairman of Newsweek's parent company IAC, has expressed a not-so-sympathetic attitude about business acquisitions in the past: “Sell it, write it off, go on to the next thing," he once said in a radio interview.
Advertisement
The news just broke this morning, but we've been sensing a change for a while now. Some of the recent covers — zombie Princess Di and white Obama to name a few — have been a bit off-brand and, despite being controversial, haven't produced the viral success that was perhaps intended. And lots of expert analysts have suspected the end of the print edition since IAC acquired Newsweek.
Online news media is a growing field with seemingly endless potential, and its ability to inform and report in real time is an unbeatable plus. We love The Daily Beast and we're excited to see where Newsweek is headed, but this is still very sad news. And it's the kind of news we're scared is going to become more and more common — although our personal pocketbooks will be hardy supporters of print until the very end, if it ever comes. (NYTimes)
tinaOP
Image via The New York Times.
Advertisement

More from Entertainment

On Saturday evening, Princess Charlotte had her first glimpse of the true reach of the Commonwealth of Nations, touching down in Victoria, British Columbia...
Ben Higgins and fiancée Lauren Bushnell took it upon themselves to put the "heart" in Las Vegas' iHeartRadio Festival this weekend
A new Anne of Green Gables movie is on the way! Those of you who have been fearing the inevitable tense political debate with a long-lost relative that ...
The Press Conference conveys all the secret conversations we're not suppose to know about right before the news hits big
There are two kinds of TV-watchers out there. The first are normal, well-balanced people who are dying from the very beginning to know how a series ends...
As someone who is about to have a daughter, this hits me deep in my core. #NeverTrump https://t.co/BIG4J0mkM6— olivia wilde (@oliviawilde) September 24, ...
On Friday, Kylie Jenner started getting her Hidden Hills, CA, home ready for All Hallows Eve. "I’m decorating my house for Halloween," she announced via ...
(Paid Content) When a movie like Disney's Queen of Katwe comes out, you know award season is upon us. The inspiring new film has all the makings of an ...
surprise number 1 @mileycyrus @billyidol #iheartfestival A video posted by Ryan Seacrest (@ryanseacrest) on Sep 23, 2016 at 8:24pm PDT Miley Cyrus...
At first glance, you might mistake this photo for a late '90s snapshot of Cruel Intentions-era Reese Witherspoon on the red carpet, but no. The poised ...
NBC News reports that Pippa Middleton’s iCloud account was hacked and had her photos stolen and put up for sale. The hack came to light after U.K. paper ...
Update: Kendall Jenner has offered a response to those who did not like her ballet shoot for Vogue España, kind of. She shared several photos from the ...
Though it's barely been a month since news of cute celebrity couple du jour, Ariana Grande and Mac Miller, broke via photos of the duo locking lips at a ...
Dusty Rose Levine 9/21/16 A photo posted by Adam Levine (@adamlevine) on Sep 23, 2016 at 9:40pm PDT Adam Levine and Behati Prinsloo Levine have ...