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.