Today, Newsweek anounced its last print edition will be Dec. 31.
(Click here to read more about its shift to digital.)
This is highly optimistic considering the Maya predict the world will end on Dec. 21.
But then Newsweek has been prone to fits of unbridled optimism, as evidenced by this cover it published in April 2010, declaring a roaring rebound for the U.S. economy.
No, it wasn’t and April Fools edition.
Remember the Newsweek cover of April 2010, boasting “The Remarkable Tale Of Our Economic Turnaround”? Probably not.
Amid high unemployment, raging foreclosures, people protesting in the streets against Wall Street, and a European debt crisis, Newsweeks declared the economy was back.
Happy news sells in an environment like this. But not enough to keep a print edition alive.