Tina Brown and Baba Shetty outlining the Newsweek transition to all digital:
>Exiting print is an extremely difficult moment for all of us who love the romance of print and the unique weekly camaraderie of those hectic hours before the close on Friday night. But as we head for the 80th anniversary of Newsweek next year we must sustain the journalism that gives the magazine its purpose—and embrace the all-digital future.

They are doing it with a single global edition focusing on original content backed by a subscriber model. Needless to say, I love this move and kudos to the Newsweek team for recognizing that such a move is needed. Let’s just hope Adobe isn’t their digital partner for this, and that they pour the resources into having a software development team that rivals the money they poured into the print editions. (They could also buy something like Mag+ that powers the excellent The Next Web Magazine.)