Newsweek announced today that it would be discontinuing their print edition. This comes after 80 years of the magazine printing once a week.
According to the CNN news story, Tina Brown, the editor of Newsweek, said: “Exiting print is an extremely difficult moment for all of us who love the romance of print and the unique weekly camaraderie of those hectic hours before the close on Friday night. But as we head for the 80th anniversary of Newsweek next year, we must sustain the journalism that gives the magazine its purpose—and embrace the all-digital future.”
And she is right.
Print journalism is a disappearing industry. Folks are using their computers, tablets and phones to find the news. That’s why I got out of the business years ago and got into the digital age, with the creation of this awesome blog.
Sure, it would be awesome to turn iREADray into a printed magazine. I love doing layout, and I love the feel of having a newspaper or magazine in my tiny hands. I enjoy getting ink on my hands, and I really do enjoy flipping pages to get to the next part. There is some excitment there.
But times are changing, and we are truely in the digital age.
The news of Newsweek refocusing on their online publication should not come to any surprise to anyone. Newspapers and magazines have been on the decline for quite some time. Revenue for the industry has been down, and in 2009, there was almost a 30% drop in revenue brought in from print media from the year before. That decline has been steady, and consistent. Fewer people are purchasing newspapers, and instead turning to online blogs, like yours truely, to find out about their news.
It is,sad, to say farewell to print media, especially to Newsweek but it is at least reassuring to folks like us, that we are at least on the right track, and leading the way into the digital age.