New forms of media publishing, e.g. newspapers, magazines are online as well as printed format—Newsweek

Image: Wikipedia --Cover of the first issue of Newsweek magazine

            In fact, in traditional mass media, even they have a long history and a lot of readers; they build up their own websites to increase influence. Another example is the second largest news weekly magazine in the USA, Newsweek, which was founded in 1933 and built up online website in 1990. Now Newsweek is published in four English language editions and 12 global editions written in the language of the circulation region (source from Wikipedia).



            Unlike Apply Daily, although Newsweek has magazines in printed format and buit up their website, they face the losses in sales in recent years (source from Bad Credit Loan Doctor). With the competition of another online websites’ updated news and bad economy, Newsweek’s details are less interesting than others even Newsweek has online website. For example, their website does not like Apple Daily to upload news report in cartoon videos. Less interesting website would get less revenue in advertising. Another famous magazine, like Time, also has similar problem. We hope they would improve their financial problem in the future.

References:
1. Online Newsweek http://www.newsweek.com/
2. Online Wikipedia http://en.wikipedia.org/wiki/List_of_online_magazine_archives
3. Online Bad Credit Loan Doctor 15 August 2010 http://www.badcreditloandoctor.com/washington-post-selling-newsweek-to-staunch-its-losses-richard-adams/