Deep Impact

| 23 Comments
In a message posted on The Daily Beast, Ms. Brown announced that Newsweek would cease print publication at the end of the year and move to an all-digital format. The transition, she wrote, would include layoffs, and at a staff meeting Thursday morning, she grew teary-eyed when she told employees that she didn’t know how many people would be let go.

23 Comments

Gosh, this is sad news indeed.

I'm really going to miss not reading the magazine in print.

Guess I'll just have to settle for not reading it online instead now.

Amazing!

You make an announcement like this but you have no clue how it will impact your bottom line ... like for instance, how many salaries you can stop paying.

Can the on-line edition be far from the edge of the same cliff?

But where will Excitable Andy be able to find a real media company willing to print his drivel?

"...she grew teary-eyed when she told employees that she didn’t know how many people would be let go."

So, all of them then. Yay!

Un, buh-bye.

JJM - Hahahaha!

In the last few years, Newsweek began introducing more balance into its strongly progressive content, presumably to try to expand its market to those who do not own Che Guevara t-shirts.

But too little too late.

And here I thought only evil conservative capitalist businessmen layed off workers in order to keep a business afloat and save the jobs of the remaining workers. Well, well, I guess the times they are a changin'!

As I said earlier...Their subscription rate is down 50%,magazine shops and news dealers return over 75% of the copies on their shelves,and these clowns really think people are going to PAY to read their leftard crap on the net???
I just feel sorry for the people who will be searching far and wide now for bird cage liners. OH. And phil/so/new/ok,etc too.

Newsweep !

Real news is -hourly now so why wait a week for lefty pablum! Besides, all my teeth are gone now and my dentist visits are only every 5 Yrs for shrinkage:)

Kate, I have to assume "Deep Impact" is sarcastic because it won't be for me as I'm sure it's not for you and most SDA followers.

bverwey

present company excepted but do I see a trend when companies with lady CEO's dont do to well? Kodak being another example.Even Kate says that if women ruled the world,we would still live in caves but those caves would have frilly curtains.

Any hope the New York Times announces something similar?

Good riddance.

Thursday morning, she grew teary-eyed when she told employees that she didn’t know how many people would be let go.

The cost of socialism. She can console them that sticking to there ideology against all reality has made them maaartyers. Not that a big shot like her will be affected of course. Her tears though are for these Martyers to Marx.

I look forward to a new batch of "walkers" on Sunday night at 9:00 pm on AMC. There seems to be no end to the MSM's supply.

Newsweek still has printed material? Next thing you know you'll be telling me that McLean's is still in print.

They should offer a "Walmart greeter" extention course for jounalism students.

Now some of Obamas 'shovel ready' workers can dig the grave for this lefty bird cage liner.It just proves once again that these marxist granola crunchers couldn t fix a one horse race.Got a problem with your business? Hire a business oriented capitalist to fix it, male or female doesn t matter, its the knowledge and perspective that make the difference.

All of the large magazines are in decline. Here's the numbers for 2010, the last year for which all figures are available:
http://stateofthemedia.org/2011/magazines-essay/data-page-4/

Note that this was after a catastrophic decline in 2009. Readers Digest failed in 2010 with these numbers staring at it. Even mighty Cosmo is continuing to slump badly.

Loss of circulation means loss of advertising revenue, and that's what keeps all of these going. With no reversal of the trend, sooner or later all of these top 25 except for half a dozen or so are all going to zero. Some of them may survive by cannibalizing the circulation of defunct competitors.

Buggy whips.
The sales declined precipitously after their last best market demographic realized they were only buying them to flog dead horses.

"at a staff meeting Thursday morning, she grew teary-eyed when she told employees that she didn’t know how many people would be let go."

Liar. She knows *exactly* how many will be let go. You don't reach this decision point in a magazine publication where you cease actual publication because of a cash crunch and not know. They may still be evaluating the layoff costing, but for all intents and purposes they know exactly at this point - they're just not prepared to make it public. She's teary-eyed because she knows she's lying and she knows what's coming for the staff.

"Ms.Brown...her mid-Atlantic sensibilities seemed out of tune...and her tendency to treat the Clintons and the Kennedys as American royals seemed out of step...."

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  • nold: "Ms.Brown...her mid-Atlantic sensibilities seemed out of tune...and her tendency to read more
  • Skip: "at a staff meeting Thursday morning, she grew teary-eyed when read more
  • Oz: Buggy whips. The sales declined precipitously after their last best read more
  • cgh: All of the large magazines are in decline. Here's the read more
  • Frankemm: Now some of Obamas 'shovel ready' workers can dig the read more
  • Occam: They should offer a "Walmart greeter" extention course for jounalism read more
  • Texas Canuck: Newsweek still has printed material? Next thing you know you'll read more
  • John Chittick: I look forward to a new batch of "walkers" on read more
  • Revnant Dream: Thursday morning, she grew teary-eyed when she told employees that read more
  • small c conservative : Good riddance. read more