Below The Beltway

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The Future Is Now

by @ 6:46 am on November 7, 2008. Filed under Internet, Media, Technology

Last week it was The Christian Science Monitor, this week U.S. News & World Report announces that it will go all-digital:

WASHINGTON (AFP) — US News & World Report, long the number three newsmagazine in the United States behind Time and Newsweek, has become the latest US media outlet to abandon print for the Web.

The move to become an Internet-focused publication was announced to US News employees in a memorandum on Tuesday from management of the magazine.

“We’re accelerating this transformation in response to our rapid growth online where our audience is now about 7 million uniques a month and growing,” US News president Bill Holiber and editor Brian Kelly said in the memo.

“For all of you who have worked so hard to make this transition possible, say good-bye to Web 2.0 and welcome to Journalism 5.0,” they added.

Like other US magazines and newspapers, US News has been losing readership and advertising revenue to online media for years.

The memo did not mention specific plans for the print edition, which has already gone this year from a weekly to a biweekly format, but The Washington Post reported on Wednesday that US News would now only publish once a month.

The Post added that the monthly print edition would also be entirely devoted to consumer guides and not news. US News publishes popular annual rankings on such topics as America’s “best colleges” and “best hospitals.”

Two down, only a few more thousand to go.

H/T: The Crossed Pond

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