Newsweeklies Are a Dying Breed

Newsweek may be the first but there's a good chance it won't be the last newsweekly to ditch its print product. Publications like The Week, Time and even The Economist are losing ad pages—the real magazine money maker, fueling the prediction made by the director of the Center for the Digital Future at USC at this week's American Magazine Conference that, in the war between print and digital magazines, newsweeklies will be the first to go. As the percentage of Americans who say they've read news—or even just a headline—on social media in the past 24 hours has grown from 9 to 19 percent since 2010, those who say they have read a print magazine in the last day has shrunk from 23 to 17 percent over the past decade, according to a Pew Research Center report.