October 18, 2012
ROGER KIMBALL ON NEWSWEEK GOING WEB-ONLY:
For many publications, the transition to digital-only format may be a prelude to a more final transition: oblivion. I suspect that may be the case with Newsweek, an organ whose news-dispensing function has long been superseded by other media, and whose opinion-dispensing function has seemed more and more silly as it hardened into a sclerotic recapitulation of “progressive” clichés.
Likely the brand will continue for a while in some legacy capacity to add a little historic atmosphere to the Daily Beast, but even that risks being hollowed out rather quickly, Mickey Kaus writes:
You think Barry Diller can afford to pay Howie Kurtz’s salary and Andrew Sullivan’s salary and Megan McArdle’s salary and Peter Boyer’s salary on the revenues from a website? I don’t. The market is about to be flooded with high-priced talent jumping ship, or being pushed.
Speaking of which, “In Wake of Newsweek’s Demise, Time Editor Swears: We Won’t Be Next!”, Newsbusters paraphrases.
Henry Luce began publishing Time in 1923 — in a way, the idea foreshadowed blogs; his magazine’s name referred to both its goal of chronicling the passage of time, and its ability to save its readers time with its concise format. Think they’ll still be publishing a regular print edition by the time their centennial edition rolls around? Me neither.