Wednesday, July 25, 2012

Newsweek Magazine To End Print Edition

If they had continued to be the Newsweek that I bought religiously in Saigon instead of the .gov mouth of today, this might not have been necessary. Good riddance to bad rubbish.

Newsweek will eventually transition to an online publication, owner IAC/InterActiveCorp (IACI) said today, marking the beginning of the end for the magazine’s 79-year run as a print weekly.

IAC Chairman Barry Diller made the announcement during a quarterly earnings conference call, saying the New York-based company aims to curb investments in the money-losing business. Still, he stopped short of saying it would be a “total” shift to the Internet.

“The transition to online from hard print will take place,” Diller said. “We’re examining all of our options.”

More @ NewsMax

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