Posted: Wednesday, December 4th 2013 at 4:18pm
Newsweek to start printing again next year
By The Associated Press
NEW YORK (AP) -- Paper copies of Newsweek will again roll off the presses starting next year.
Editor-in-Chief Jim Impoco says the news magazine's owners, IBT Media, want a business model where a weekly print magazine would be mainly supported by subscription fees instead of advertising.
Impoco said in an interview Wednesday that officials haven't decided how much the magazine will cost, but it's expected to be less than $10 per issue.
Newsweek, then owned by IAC/InterActiveCorp, ceased print publication at the end of 2012. The online magazine was sold to IBT, which owns online publications International Business Times, Medical Daily and Latin Times, in August for an undisclosed sum.
Many magazines and newspapers have reduced or shut down their print editions in recent years because of weak demand from advertisers.
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