When I got that journalism degree back in 1974 newspapers were heading toward near-monopoly status and network news divisions thought of themselves as public trusts more than businesses. For the individual editor and reporter, the profession was a calling and finding the scoop was all that mattered. Today’s students seem to be realists. They get that journalism is a business. They understand that the who, what, when, where and why of their careers is as much about an entrepreneurial, innovative spirit as it is about the story. Industry veterans, far too many still stuck in an old mindset, would do well to spend a little time in the classroom.
The death of the newsweek.com URL marks the official end of what was once a fully staffed and hugely trafficked site in its own right.
According to this article in New York Magazine, on July 19th the Newsweek URL will no longer exist. instead, all users will be redirected to the Daily Beast, its sister site.
Are there distinguishable factors that led to the demise of Newsweek or is it just one of many publications to submit to the pressures of new media?