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FBN’s Dennis Kneale on Newsweek magazine potentially moving to an online-only platform, and what that means for the brand.
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-- close the -- -- to come down on Newsweek's magazine printed editions isn't so bad seems that way.
-- meals govern this story and joins us now Dennis.
Yes so we're looking it's one of the oldest newsmagazines in America.
Death and that disappear in cyberspace.
Barry -- set -- -- -- -- don't panic at the offices of Newsweek magazine yesterday when he said the magazine he now controls one day will give up print version.
In favor of existing only on line now that led Newsweek's editor in chief Tina Brown.
To put out a memo to staff saying no worries but the ever -- Barry Diller was basically given us a glimpse of the blinding the obvious.
Newsweek is losing an estimated thirty million dollars a year.
-- think it's really gonna happen now and and -- you -- Newsweek online.
Does it -- -- and there's so much news out there.
You know what they say -- by September the have a plan for the gonna do may -- takes a year more to than transition all the way online but here's the thing back in July of last year.
They killed the newsweek.com website entirely in favor of Daily Beast so Newsweek stuff is now segregated and run beneath the Daily Beast.
Banner he got to wonder if they go online only does -- -- -- just disappear unless -- -- come up wasn't gonna.
-- had only slick pretty publication -- -- like what we're doing with the daily there -- news corps the daily.
-- -- I had to say it we don't need it.
And we don't need it you know without -- -- its news or even ready Hiller said that the big brands like here Vanity Fair word slick a lot of fat.
I don't work beautiful hats maybe they survive but when you're just a rack mount with the latest news not so much to Islam Dahlia.
It's where we grew up in the print world.
