Newsweek plans to resurrect print edition
80-year-old news magazine has 3rd owner in three years
A little over a year after eliminating its print edition, Newsweek is planning a return to the newsstands.
The weekly magazine will begin printing a 64-page weekly edition in January or February 2014, according to editor-in-chief Jim Impoco.
The struggling news magazine ceased its print publication last year, saying advertising was no longer supporting its production.
That cancellation ended a failed experiment that attempted to merge Newsweek with website The Daily Beast.
Newsweek had been owned by the Washington Post, was sold to IAC/Interactive Corp., publisher of The Daily Beast, in 2010 and then was sold again to IBT Media, a digital media company, in August.
Impoco, a former New York Times editor, became Newsweek’s editor in September and has expanded its editorial staff and beefed up international coverage.
"The new Newsweek will be deeply reported and global, which is what it was when it first came out 80-odd years ago and is what it should be now," Impoco said.
It has been publishing an online edition of its traditional news magazine format at Newsweek.com. The new print edition will rely more on readers to pay its way, Impoco told the NY Times.
“It’s going to be a more subscription-based model, closer to what The Economist is compared to what Time magazine is,” he said. “We see it as a premium product, a boutique product.”
Magazines have been struggling as they attempt to adapt as readers turn to free content online, but the Economist has been successful in offering more in-depth and analytical reporting.