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Newsweek Abandons the Printing Press for Mobile Publishing

http://www.modbee.com/2012/10/18/2418958/statement-on-newsweeks-decision.html

The first issue of Newsweek was published february 17, 1933.  Seventy-nine years later, after significant drops in revenue, the last print edition of Newsweek in the United States will be the Dec. 31 issue.

In 2013, under new editor-in-chief Tina Brown, the publication will go completely digital as Newsweek Global.  In a Press meeting, Brown announced:

“our business has been increasingly affected by the challenging print advertising environment, while Newsweek’s online and e-reader content has built a rapidly growing audience through the Apple, Kindle, Zinio and Nook stores as well as on The Daily Beast. Tablet-use has grown rapidly among our readers and with it the opportunity to sustain editorial excellence through swift, easy digital distribution – a superb global platform for our award-winning journalism. By year’s end, tablet users in the United States alone are expected to exceed 70 million, up from 13 million just two years ago.”

As publishing companies move toward paperless publications, the medical industry moves towards EMRs and education moves toward online teaching platforms, mobile development replaces the necessity of leveled trees for a good read.

 

 

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