The Associated Press
Newsweek plans to end its print publication after 80 years and will shift to an all-digital format aimed at online users starting in early 2013. Job cuts are expected.
Newsweek’s last U.S. print edition will be its Dec. 31 issue.
With more and more consumers on the go and using their cell phones and tablets to receive the news, media organizations have had to increasingly shift more of their emphasis online.
SmartMoney, for example, announced in June that it was shuttering its print publication in favor of a digital format. Dow Jones & Co., a unit of News Corp., said at the time that 25 positions at SmartMoney would be eliminated.
Newsweek’s decision does not come as a complete surprise.
