Anyone who has had a subscription to Newsweek magazine the past few years is likely not very surprised by the news that the magazine will no longer be printed at the end of the year.
The magazine, which was founded in 1933 and once respected for its superb journalism, had turned into an almost tabloid-type publication with outlandish stories and covers designed to attract publicity. It shrank in size almost every week.
“In 2001, Newsweek had a total paid circulation of 3,158,480, according to the Audit Bureau of Circulation,” noted the New York Times in a story about the magazine’s demise. “But as of June of this year, circulation had fallen by more than half, to 1,527,157.”
Tina Brown was the latest person to run the magazine, which will have major staff cutbacks. It will go to an all-digital format in early 2013.