Newsweek to Become Online-Only After 80 Years in Print

Newsweek, owned by Barry Diller’s IAC/InterActiveCorp, will become an online-only publication next year, ending 80 years as a print magazine. The last print edition in the U.S. will be the Dec. 31 issue, said Tina Brown, editor-in-chief and founder of Newsweek Daily Beast . The all-digital publication, to be called Newsweek Global, will require subscriptions and will be available on tablet computers and on the Web, Brown said. The company started discussing the likelihood of ceasing print as early as June, Brown said. “It was never a question of whether, it was a question of when,” she said. The “incredibly archaic” costs of print and the opportunity to expand through digital distribution motivated the change, she said.