I’ve said before that the long-term future for printed news will be upscale, made for people willing to pay for the experience of paper. Sort of the way vinyl records hang on for a subset of audiophiles.
Evidence emerged today with the news that Newsweek plans a return to print:
[Newsweek editor Jim] Impoco said Newsweek’s return can succeed by shifting from a model where advertisers subsidize low subscription prices to one where readers foot the bills, an approach he compared to The Economist.
Of course, the Economist has a good bit of advertising in its pages. If Newsweek is serious about getting subscribers to pay for journalism, the magazine is not going to be cheap. And that means the journalism will have to be worth paying for.