In a momentous (though not totally unforeseen) development, Newsweek editor Tina Brown announced this morning that the magazine will move to an all-digital format and shutter the print edition just shy of its 80th birthday. In a post on the magazine's website—which Brown folded into TheDailyBeast.com earlier this year—she unveiled the new online-only plan for a magazine that first began publishing in February of 1933. The magazine will be renamed Newseek Global, focus on paid subscriptions, and ramp up use of e-readers and tablet editions. The last paper issue will be published on December 31.
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