The print media has taken it on the chin in the last few years and in an effort to survive, we’ve seen several newspapers that have beefed up their online presence. Each of these companies have taken a different approach to tackle this challenge and many have maintained both a print and digital copy of their publication, thereby appeasing all of their customers, regardless of their preference to read the news.
Newsweek is the latest publication to announce their plans for the future and as of 2013, if you want to read a copy of the latest edition of Newsweek, you will have to go online. The company has confirmed that they will be shutting down their print division in favour of the lower overhead digital medium. So, there you have it, once the new year arrives, you’ll need to use a connected device to gain access to this magazine. It may seem that Newsweek is embracing the future, and it is likely that over time, we will see more companies expanding their digital presence, but as Gizmodo states, the challenge that Newsweek faces is that it publishes on a weekly basis rather then on a monthly basis such as some other magazines. As such, their stories do not always have take a longer view and can thus be sourced from alternative sources such as a 24 hour news channel. Hence to compete, it was in their best interest to shut down print and turn to the Internet.