Thursday, October 18, 2012

Newsweek off the presses and into the ether -

With that shakeup, Newsweek moves online journalism one step away from its absurdly outdated — yet remarkably enduring — reputation as mere scrappy upstart. Yet it also simultaneously minimizes it. It’s not until the eighth paragraph of the announcement that Brown and Shetty get around to mentioning: “Regrettably we anticipate staff reductions and the streamlining of our editorial and business operations both here in the U.S. and internationally.” Journalism is changing, and not just in the format in which it’s presented. It’s also changing in the discouraging, ominous news that over at one its most venerable institutions, come January, fewer people are going to have a job doing it.