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Newsweek to cease print publication; going 100% digital in 2013
Tina Brown, the editor-in-chief of The Daily Beast – which owns Newsweek, has announced that December 31 will be the last print edition of Newsweek. Starting in early 2013, it will be called Newsweek Global will only be available via digital devices and the web.
We are announcing this morning an important development at Newsweek and The Daily Beast. 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.
Newsweek Global, as the all-digital publication will be named, will be a single, worldwide edition targeted for a highly mobile, opinion-leading audience who want to learn about world events in a sophisticated context. Newsweek Global will be supported by paid subscription and will be available through e-readers for both tablet and the Web, with select content available on The Daily Beast.
There will be some layoffs. We’ll have to see if they continue to print editorial cartoons each week. Better yet, commission original editorial cartoons. But I’m not holding my breath on that.