It’s not a great week for print journalism.
Although I can’t find any direct mention of this on the Christian Science Monitor (CSM) Web site, Editor & Publisher reports that the respected daily is dropping its daily print edition in favour of online reporting. The 100-year-old CSM will print a weekend magazine to accompany the Web site.
The CSM will host a webcast next week on the future of journalism which will no doubt go into great detail concerning the switch.
Newsweek, meanwhile, has announced a first-half drop in net income of 73%, thanks to an 18% drop in ad sales and lower ad rates due to a reduction in readership of about 15%.
Feel free to start reading the Magazine Death Pool.