The U.S. News & World Report announced a major strategic shift away from print newsgathering to build its Web business. The move comes as major newsweeklies—like newspapers—face the continuing struggle for relevancy as a growing number of readers are comfortable with getting their news online and elsewhere.
Still:
Holiber says that there are no current plans to reduce frequency, and that the magazine added two additional issues this year. He says the investment in online will cost "several million" dollars initially
I'm tellin' ya, wait until universal WiFi, accessible on small, portable devices (or even e-paper), makes the Internet as portable as print. Then it'll be a whole new ballgame.
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