"Newsweek, one of the most internationally recognized magazine brands in the world, will cease publishing a print edition after nearly 80 years. The decision to go all-digital underscores the problems faced by newsweeklies, as more consumers favour tablets and mobile devices over print in an increasingly commoditized, 24-hour news cycle. The move was not unexpected given both the macro changes affecting the magazine industry and, more specifically, the comments made in July by Newsweek's owner ... about the expense of producing a print magazine." (Quoted from article)