Thursday, October 18, 2012
Newsweek to end print edition in December
After 80 years in print, Newsweek is going all-digital starting early next year. The last print edition in the United States will be the Dec. 31 issue, says Tina Brown, editor-in-chief of The Newsweek Daily Beast Company, in a statement.
The Washington Post company sold Newsweek In 2010 to businessman Sidney Harman for $1 in exchange for taking up its financial obligations. It was Brown's then two-year-old Daily Beast online news operation.
In an announcement, Brown says that the journalism business has been "increasingly affected by the challenging print advertising environment," and notes that 39% Americans in a recent Pew Research Study say they get their news from an online source. Read more >>