US news magazine Newsweek to go online-only as it axes print edition

 

The US news magazine Newsweek plans to end its print publication after 80 years and will shift to an online-only format starting in early 2013. Job cuts are expected.

Newsweek's last US print edition will be its December 31 issue.

Barry Diller, the head of the company that owns Newsweek, had announced in July that the publication was examining its future as a weekly print magazine.

The announcement of the change was made by Tina Brown, editor-in-chief and founder of The Newsweek Daily Beast Co, on The Daily Beast website today.

Ms Brown said staff cuts are expected, but did not give a specific figure.

She said that the online publication will be called Newsweek Global and will be a single, worldwide edition that requires a paid subscription.

It will be available for tablets and online reading, with certain content available on The Daily Beast website.

AP

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