Newsweek Changes Its Mind, Will Return To Print

Newsweek Changes Its Mind, Will Return To PrintWith everyone having access to internet these days, and with smartphones and tablets seeing a higher rate of adoption, it made sense for publications to start offering a digital copy of their newspapers or magazines alongside with print copies as well. Newsweek, however, had a different idea and back in 2012 announced that they would be ceasing its printed publication and offer digital-only copies instead, which debuted in January of 2013. However it seems that Newsweek has had a change of heart and has announced that they will be returning to print.

This was revealed by the publication’s editor-in-chief, Jim Impoco, who told The New York Times that they would be offering a 64-page weekly edition starting in either January or February of 2014. The publication is expected to rely heavily on subscribers rather than advertising, so if you are/were a Newsweek subscriber from before, expect your subscription fees to see an increase. According to Impoco, “It’s going to be a more subscription-based model, closer to what The Economist is compared to what Time magazine is […] We see it as a premium product, a boutique product.” By making the switch to digital, Newsweek reportedly managed to save $40 million a year, but we’re guessing with this new model, Newsweek expects it to be more profitable, so we guess we will have to wait and see.

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    Newsweek ends its print run with a hashtagged cover

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    December 31st will mark the end of one of the biggest names in the world of printed news. As noted back in October, however, Newsweek isn’t saying die, it’s just jumping head first into the warm embrace of digital media. And as the publication revealed via its Twitter account, it will be doing so with a wink and a nod, thanks to a giant #lastprintissue hashtag smack dab in the middle of a classy black and white cover. #godspeed, Newsweek, #godspeed.

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    Via: Business Insider

    Source: Twitter

    Newsweek to drop print edition after December 31st, gives the digital future a warm hug

    Newsweek to drop print edition after December 31st, gives the digital future a warm hug

    It’s no secret that print media is on its way out, as many regional and niche publications have had to either find a path through the digital wilderness or fold completely. We’re still not used to national publications facing that ultimatum, though, which makes Newsweek‘s fresh decision to drop its print edition after December 31st both unusual and a bellwether. Anyone still yearning for the magazine’s content after the presses stop will have to turn to the purely digital Newsweek Global or its The Daily Beast sibling, no matter how attached they are to the outlet’s 80-year history with paper. The explanation for the cutoff remains a familiar story: print readership is dying on the vine and expensive to maintain, while web and tablet adoption is growing quickly enough that Newsweek believes it can make the switch without taking a long-term financial hit. Whether or not the transition works, it’s evident the periodical knows its identity must be wrapped around an online presence — figuratively, not literally.

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    Newsweek to drop print edition after December 31st, gives the digital future a warm hug originally appeared on Engadget on Thu, 18 Oct 2012 11:59:00 EDT. Please see our terms for use of feeds.

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    Newsweek to go all digital in 2013

    We’ve seen a lot of print media start going digital in the past couple of years. However many of these newspapers and magazines have kept their physical medium alive while distributing digital content at the same time, but it looks like Newsweek will be taking the plunge by putting an end to their print edition and going all digital come 2013. Yup it looks like after the 31st of December 2012, if you wanted the latest copy of Newsweek, you will have to turn to digital sources in order to get it, such as on Apple, Kindle, Zinio and Nook stores, along with The Daily Beast which is basically Newsweek’s digital arm.

    This was confirmed by Newsweek who had this to say, “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.” While this might seem like a step towards the digital future, Brian Barrett at Gizmodo has pointed out that not all magazines and newspapers will follow Newsweek’s footsteps, especially since Newsweek publishes on a weekly basis, versus the monthly basis that other magazines follow, which means that the news and articles offered by the publication can be easily found on other online news portals. In any case it is most certainly an end of an era for one publication.

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    Newsweek to make the jump online soon

    Traditional print media are going through their most challenging times to date, and the dangers of folding are very real. Well, Newsweek is one of the giants of traditional print media, and they have not turned their backs on the digital revolution, but did mention that they will embrace it instead by working on a plan to perform a transition to an online publication, according to owner IAC/InterActiveCorp (IACI) anyways. This announcement has been a long time in coming, especially when you consider Newsweek’s financial coffers bleeding with each passing week.

    In fact, Newsweek is projected to lose up $22 million in 2012, and with this shift to an online presence, we are left begging with one question – will it be a 100% shift to the online platform, or will there be both conventional print as well as a Web presence? Only time will tell, and I believe that Newsweek will not dare alienate their old school subscribers by going online entirely, but would prefer to test the waters out beforehand instead.

     

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