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What Happened on October 18th
October 18, 2012
Newsweek Announces Transition to Online-Only Format
As print-news readership slowly dwindled and online audiences for news and entertainment skyrocketed, the publishing industry faced a major inflection point. Many magazine publishers abandoned print versions of their journalistic offerings, and went almost entirely digital.
I loved Newsweek magazine. It was so useful for staying on top of the news in business & social settings.
There was always a copy in my briefcase which sometimes was dragged out in business meetings to prove a point.
After nearly 8 decades, and recent financial losses that forced its sale to Sidney Harman, Newsweek made the announcement that the last printing of their magazine would be on December 31, 2012. In a nod to online worlds of communication and news gathering, the cover of the last issue featured a simple title: β#LASTPRINTISSUE