Newsweek will cease to be a print publication with its Dec. 31 issue, abandoning the “romance of print” to “embrace the all-digital future.” The withdrawal after 80 years in print leaves the field of in print weekly news magazines to Time.
Tina Brown, editor of the magazine, made the announcement on the website of the Daily Beast, which merged with Newsweek in 2010.
We are announcing this morning an important development at Newsweek and The Daily Beast,” she said in a joint statement with The Newsweek Daily Beast Company CEO Baba Shetty. “Newsweek will transition to an all-digital format in early 2013. As part of this transition, the last print edition in the United States will be our Dec. 31 issue.
“Meanwhile, Newsweek will expand its rapidly growing tablet and online presence, as well as its successful global partnerships and events business.”
The new publication will be named Newsweek Global and will be a single, worldwide paid subscription edition available through e-readers for both tablet and the Web. Some content will also be available on the The Daily Beast site.
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