After 79 years in print, Newsweek goes digital only

Newsweek, one of the most internationally recognized magazine brands in the world, will cease publishing a print edition after nearly 80 years.The decision to go all-digital underscores the problems faced by newsweeklies, as more consumers favor tablets and mobile devices over print in an increasingly commoditized, 24-hour news cycle.The final print edition of the weekly current affairs magazine will hit newsstands on Dec. 31.The move was not unexpected given both the macro changes affecting the magazine industry and, more specifically, the comments made in July by Newsweek's owner Barry Diller, head of IAC/Interactive Corp, about the expense of producing a print magazine.

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