If you’ve been paying attention, it’s probably no surprise to many of you that magazines and newspapers are struggling to survive. Daily newspapers are getting smaller and smaller; magazines are getting thinner and thinner. This issue of Quality Digest is the smallest we’ve ever produced. The long-predicted “end of print” seems to have finally materialized. The recession, the high price of fuel last year, and the popularity of the internet have all radically changed the balance sheet for traditional print media.
U.S. News & World Report will cease publication this year and be available only online. The Christian Science Monitor and PC Week will do the same. Even Entertainment Weekly is mulling a move to a strictly online presence. Many daily newspapers, including both Detroit newspapers, are moving to a mostly online presence. The New York Times is rumored to be in serious financial condition and may run out of cash as early as May.
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