Business & Tech
Newsweek Says Stop The Presses, Ending Quad/Graphics Printing of 80-Year-Old Weekly
The 80-year-old news magazine, according to JSOnline, will become digital-only publication next year with its last issue to be printed on Dec. 31, effectively ending printing at Quad/Graphics.
Sussex-based Quad/Graphics on Thursday had not yet commented or released a statement in regard to its impending loss of business from Newsweek, which announced that it will no longer publish a print magazine, according to the Journal Sentinel.
The 80-year-old news magazine, according to JSOnline, will become digital-only publication next year with its last issue to be printed on Dec. 31.
Quad/Graphics, the paper said, has been printing Newsweek since 1977.
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"We are transitioning Newsweek, not saying goodbye to it," said editor-in-chief Tina Brown on www.thedailybeast.com, the daily news site of Newsweek.
"We remain committed to Newsweek and to the journalism that it represents. This decision is not about the quality of the brand or the journalism - that is as powerful as ever. It is about the challenging economics of print publishing and distribution," she added.
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Quad/Graphics recently announced the purchase of Vertis Holdings and an agreement with Time Inc.