Newsweek Goes All Digital

I track the demise of mainstream media here.

We are announcing this morning an important development at Newsweek and The Daily Beast. Newsweek will transition to an all-digital format in early 2013.

As part of this transition, the last print edition in the United States will be our Dec. 31 issue.

Now the spin:

Meanwhile, Newsweek will expand its rapidly growing tablet and online presence, as well as its successful global partnerships and events business. Newsweek Global, as the all-digital publication will be named, will be a single, worldwide edition targeted for a highly mobile, opinion-leading audience who want to learn about world events in a sophisticated context. Newsweek Global will be supported by paid subscription and will be available through e-readers for both tablet and the Web, with select content available on The Daily Beast.

Okay.

Essentially, it becomes another blog, joining the rest of us.