Newsweek Says Magazine Will Be Online Only
By Jame Lynn Dawson – Jul 25, 2012 11:38 AM ET
Newsweek, the 79-year-old magazine, will eventually transition to an online-only publication, according to owner IAC/InterActiveCorp.
The New York-based company made the announcement during its quarterly earnings conference call today, saying it would curb investments in the money-losing business.