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Newsweek Ceasing Print Publication, Switches To Digital-only
Electronista ^ | 01:40 pm EDT, Thu October 18, 2012 | Electronista Staff

Posted on 10/18/2012 12:06:07 PM PDT by Spktyr

Newsweek, a US magazine that has been running since 1933, will be going digital-only at the start of next year. After running for nearly 80 years, the magazine will print its last paper-based edition on December 31, 2012, and will instead be using apps and a website to pass news and articles to its readers.

The publication will rebranded to Newsweek Global, and will be a single, worldwide edition that is optimized for tablets and paid for by a subscription. The Daily Beast, a companion publication, will continue to host some of Newsweek's content. Despite only being four years old, The Daily Beast pulls in over 15 million unique visitors a month, a 70 percent increase in the last year alone.

In a joint post on The Daily Beast, editor-in-chief and founder of The Newsweek Daily Beast Company Tina Brown and CEO Baba Shetty acknowledged the growth of tablets in the US, which is claimed will exceed 70 million by the end of this year. "We have reached a tipping point at which we can most efficiently reach our readers in all-digital format," wrote Brown and Shetty, noting that a Pew Research study last month suggested 39 percent of Americans get their news from online sources. "This was not the case just two years ago. It will increasingly be the case in the years ahead."

The company expects to lose a number of staff in the transition, with both editorial and business operations sections within the US and internationally set to see reductions in employees.

Switching to a digital-only existence is a difficult feat to accomplish. News Corporation launched iPad newspaper The Daily but found it difficult to gain enough of a readership to be financially secure. Reports in July suggested that the publication could still be shut down because of ongoing financial losses totaling around $30 million per year.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: dailybeast; enemedia; mediabias; mediamalpractice; newsweak; newsweek; tinabrown
There's a few citation and other links at the original source, linked above.

So much for Newsweak. I'm guessing that "First Gay President" cover didn't do them much good.

1 posted on 10/18/2012 12:06:10 PM PDT by Spktyr
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To: Spktyr

2 posted on 10/18/2012 12:14:28 PM PDT by VanDeKoik
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To: Spktyr

Good. This means we won’t have to see their stupidity at the newspaper stand.


3 posted on 10/18/2012 12:16:26 PM PDT by ari-freedom
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To: Spktyr; a fool in paradise

IBICCLP (In Before I Could Care Less Posts.)


4 posted on 10/18/2012 12:16:26 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: Spktyr

They actually think people will want to subscribe (i.e. pay money) to read their propaganda when people can already get it free on the internet from thousands of left wing sites.


5 posted on 10/18/2012 12:18:00 PM PDT by Flavious_Maximus
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To: Flavious_Maximus

Did they discuss this with all nine of their subscribers?


6 posted on 10/18/2012 12:20:57 PM PDT by shelterguy
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To: Spktyr

Can you take Time with you?


7 posted on 10/18/2012 12:32:23 PM PDT by hadaclueonce (you are paying 12% more for fuel because of Ethanol. Smile big Corn Lobby,)
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To: Spktyr
It's a sign of the times....


8 posted on 10/18/2012 12:32:40 PM PDT by xp38
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To: Spktyr

Thank God! I can finally go to the doctor’s office without being assaulted in the waiting room with left-wing propaganda.


9 posted on 10/18/2012 12:34:13 PM PDT by PressurePoint
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To: Spktyr

Is Time on our side?


10 posted on 10/18/2012 12:34:46 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: Spktyr

11 posted on 10/18/2012 12:37:04 PM PDT by Lizavetta (You get what you tolerate)
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To: Spktyr
And another one bites the dust, who could have predicted, ROTFLMAO!
12 posted on 10/18/2012 12:38:13 PM PDT by The Cajun (Sarah Palin, Mark Levin......Nuff said.)
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To: Spktyr

LOOK, that’s LIFE!


13 posted on 10/18/2012 12:38:21 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: Spktyr

I can’t wipe myself with ones and zeroes.


14 posted on 10/18/2012 12:40:41 PM PDT by Mr Ramsbotham (Laws against sodomy are honored in the breech.)
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To: Spktyr; a fool in paradise

"We'll always have Tiger Beat, darling!"

15 posted on 10/18/2012 12:42:28 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: Spktyr
When “turkey neck Ellen” was the editor for Newsweek is when I started avoiding the magazine like the plague. Newsweek's bias and karma is catching up with them, they are going bankrupt. Good. Funny how the bias didn't keep the rag afloat.
16 posted on 10/18/2012 12:44:33 PM PDT by vetvetdoug
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To: Spktyr
Purchased for a dollar, worth every penny.


17 posted on 10/18/2012 12:45:12 PM PDT by McCloud-Strife ( USA 1776-2008)
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To: Spktyr

They should have sold their mag to the conservative buyers. And wasn’t the cover story against Obama their biggest seller in recent times?


18 posted on 10/18/2012 12:49:13 PM PDT by goodolemr
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To: Spktyr

This is actually pretty good news.

We have elderly neighbors who get all their information from the local paper, newsweak, and USA today.

Coupled with a homo lib daughter and a complete lack of technology savvy, these people live in another world.

They don’t even own a PC, so Newsweek can no longer reach them. Have to wonder how many other seniors are now out of Newsweek’s sphere of influence...


19 posted on 10/18/2012 1:21:55 PM PDT by ConservativeWarrior (Fall down 7 times, stand up 8. - Japanese proverb)
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To: Spktyr

So much for firing the Printers...


20 posted on 10/18/2012 1:21:58 PM PDT by RedMonqey (Men who will not suffer to self govern, will suffer under the governance of lesser men.)
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To: Spktyr

Excellent! Now you can not read the electronic version even more easily than you didn’t read the dead tree version! Just another medium to ignore.


21 posted on 10/18/2012 1:26:57 PM PDT by IronJack (=)
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To: shelterguy

They actually have subscribers besides doctors offices?


22 posted on 10/18/2012 2:26:15 PM PDT by matt04
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To: shelterguy

They actually have subscribers besides doctors offices?


23 posted on 10/18/2012 2:26:27 PM PDT by matt04
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To: goodolemr

Yes, it was. Too bad they didn’t take the hint and went back to their old crap.


24 posted on 10/18/2012 5:12:21 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Revolting cat!; Slings and Arrows

My dentist’s office will still keep old hardcopy issues laying around.

Some things never change.


25 posted on 10/18/2012 11:54:27 PM PDT by a fool in paradise (Obama likes to claim credit for getting Osama. Why hasn't he tried Khalid Sheikh Mohammed yet?)
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To: matt04
They actually have subscribers besides doctors offices?

Yes, school lie-braries.

26 posted on 10/18/2012 11:56:24 PM PDT by a fool in paradise (Obama likes to claim credit for getting Osama. Why hasn't he tried Khalid Sheikh Mohammed yet?)
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To: PressurePoint

No, sorry, you will still be so assaulted. After all, it’s not like any of the magazines in there date from this decade. :P


27 posted on 10/20/2012 2:28:22 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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