Newsweek magazine goes all-digital | Bangkok Post: news

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Newsweek magazine goes all-digital

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WASHINGTON : Newsweek announced on Thursday it would end an 80-year run as a print magazine at the end of the year, taking the venerable publication all-digital to cope with a harsh media environment. 

"We are transitioning Newsweek, not saying goodbye to it," wrote Tina Brown, editor-in-chief and founder of the online Newsweek Daily Beast Company, in a statement posted on the Daily Beast website. One of the few times that Thailand made the cover of Newsweek was for this Jan 31, 1966 edition featuring Field Marshal Thanom Kittikachorn for a story on "Thailand: The anatomy of a domino". "This decision is not about the quality of the brand or the journalism - that is as powerful as ever. It is about the challenging economics of print publishing and distribution."Newsweek, which had a fierce decades-long rivalry with Time magazine, has been losing money steadily.Brown acknowledged the merger of the print edition and the online Daily Beast operations, called "Newsweek Global," would require layoffs."Regrettably we anticipate staff reductions and the streamlining of our editorial and business operations both here in the United States and internationally," she said in a memo to staff.She said the all-digital publication "will be a single, worldwide edition targeted for a highly mobile, opinion-leading audience who want to learn about world events in a...

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