Voice

The growing network has brought impact to the traditional paper?based media. On the last day of 2012， the 80?year?old Newsweek， which is one of the three most influential magazines in America， published its final print edition. Beginning in the new year， it goes all?digital.

In Europe， one of Germany’s top national business newspapers， the Financial Times Deutschland（FTD） closed down in early December.

This decision is not about the quality of the brand or the journalism—that is as powerful as ever. It is about the challenging economics of print publishing and distribution.

—The Newsweek said it was seeking to take advantage of the rapid growth in the use of online and e-readers.

In today’s fast moving media markets， good content is an important asset but on its own is no guarantee of success.

—Andrew Gowers， the FTD’s first editor-in-chief said that many other papers would share FTD’s fate as they struggled to find ways of making money in the mass migration of readers to online news sites.