In a move that will seriously predict the future of the magazine publishing industry (not just in news, but in other categories, like fashion!) Newsweek has nixed their print subscriptions completely, opting for an online-only approach.
Starting in 2013, the 80-year-old publication will adopt a digital-only platform, leaving Time as one of the last major news weeklies publishing in print (U.S. News & World Report dropped their print subscriptions two years ago). It's been reported that the crossover was due to low ad sales, along with the high cost of postage and paper.
But what about the ever-traditional fashion magazine publishing business — who will be the first to go all digital?
Rumors have swarmed around Lucky‘s digital turnover for years, but officially, it looks like it will be in print for a while longer. Harper's Bazaar seems to have a strong arm on Pinterest, and Marie Claire was recently heralded for their iPad initiatives.
Who do you think will be the first to go fully digital? Any predictions?
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