Finally!
[Note: This post has been updated (1) as of 11:48 AM Eastern on 29 Oct. See below.]
Finally! A major American MSM daily — the first to do so — grasps the ineluctability — and common good business sense — of what's been staring them and every other ink-on-paper daily in the country in the face for the past five years or so.
The Christian Science Monitor said Tuesday it will become the first national newspaper to drop its daily print edition and focus on publishing online, succumbing to the financial pressure squeezing its industry harder than ever.Come April, the Boston-based general-interest paper — founded in 1908 and the winner of seven Pulitzer Prizes — will print only a weekend edition after struggling financially for decades, its editor announced Tuesday.
[...]
"Obviously, this is going to help with our costs, but it also enables us to put much more emphasis on the Web and basically put our reporting assets and our editorial assets where we think growth will be in a very tough industry in the future, which we think is the Web," said Editor John Yemma, who was The Boston Globe's multimedia editor before he moved to the Monitor in June.
RTWT here.
Update (11:48 AM Eastern on 29 Oct): More here.
