Newsweek Magazine Folds Print Edition; Staffers Being Reduced
Add more numbers to the record-ranks of unemployment; Newsweek Magazine has announced that they will cease publishing their print-edition after the end of this year – ending an 80-plus year history for the weekly news magazine.
Trouble has been brewing for the magazine for the last five years or so – with mergers and redesigns – all with the hope of turning the sagging-profits around.
Editorally, Newsweek has always leaned more “Left” than “Right”, and critics have bit hard on the notion that the magazine lost it’s focus as the years went on. A new editor in 2010 tried to shift the coverage of the magazine to include more than just U.S. politics – but was often unsuccessful.
The move to a print edition will include a shedding of jobs at the publication – although you have to read the official press release to the end and then read between the lines to glean that information.