Newsweek Plans Eventual Transition to Digital-only Format
Posted: 7/26/2012 | By: The Guardian
The owners of Newsweek have said they are considering whether to make
the weekly news magazine available only in a digital format.
Barry
Diller, chairman of IAC/InteractiveCorp, told analysts on a conference
call that a major problem with Newsweek is with the cost of
"manufacturing" a weekly. He then strongly hinted at taking the Newsweek
brand to a digital-only format similar to its sister title the Daily
Beast.