NEW YORK (WKOW)-- Newsweek plans to end its print publication after 80 years.
Instead, it will change its focus to an online only format, starting next year. Newsweek's last U.S. print edition will be its December 31 issue. Company officials say job cuts are expected.
Barry Diller, the head of the company that owns Newsweek, announced in July that the publication was examining what it would do in the future. The announcement of the change was made by the editor-in-chief, and founder of the Newsweek Daily Beast Co, Tina Brown.
Brown says cuts will be made, but didn't give a specific amount. She says the online publication will be called the Newsweek Global, and will be a single, worldwide edition that requires a paid subscription. It will be available for tablets and online reading, with some content available on The Daily Beast website.