Newsweek’s handlers made this decision for very sound reasons. The magazine was hemorrhaging money, and a digital version will allow it to reach the same readers without the confinement of a weekly publication cycle. It will also be subscription-only, so the shareholders will actually make more money than before.
No one should be surprised that Newsweek will not be available hot off the press for very long; digital is here to stay. A few years ago, the rise of digital news was seen as the death knell of newspapers and magazines. As a college journalist full of spunk, moxie, and a bit of anachronism, I was not ready to accept what some people called “progress.”
That apocalyptic scenario is no longer valid. The New York Times proved that people will pay for online content, and thus showed that print media could upload itself to the interwebs intact. Other papers are following the Times’ example, and news sites like the Huffington Post and Daily Beast (which ate Newsweek) are also popular.
The world really has changed, but I’m still not comfortable with it. I write for a news site(and this blog), and like it just fine, but can’t there be room for both print and digital media?
Scanning the comments on different versions of the Newsweek story, I found one bit of false astuteness about how communication evolved from cave paintings to the Gutenberg press, and that digital media is the next logical step. That really underestimates the impact paper has had on human civilization.
Putting something down on paper means people can take it with them, and keep it to themselves. The printing press may have made mass production of paper reading material possible, but it was not a paradigm shift on the same level as taking information off cave walls and out of people’s heads to put it on dead trees.
Compared to that, digital isn’t that impressive. It really just makes things more convenient and increases profits for the people that produce media. That’s very important, but let’s not romanticize it.
On second thought, it might not be a good idea to romanticize Newsweek either. It may have been publishing since 1933, but this is the magazine that called Obama the first gay president, after all. The takeaway is that a major title has gone all digital.
So Newsweek is a magazine that has lost its way, and the Internet may save it. The only opposition seems to be grounded in sentimentality: the feel of a page in one’s hands, or the permanence of having important events recorded in ink.
That kind of stuff never plays well in boardrooms or the homes of people who can afford iPads. In the span of a few years, digital media has gone from being a fantasy, to a threat, to a sensible business decision. That might be the most unsettling thing of all.