Newsweek's Final Cover: 80-Year-Old Magazine Ends Print Edition

Decline in subscriptions and online use drives print to death.
3:00 | 10/18/12

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Transcript for Newsweek's Final Cover: 80-Year-Old Magazine Ends Print Edition
It was -- always just -- there and sort of everywhere but now. The space in real space that Newsweek occupied nearly eighty years will be after the December issue. Empty space forever just care there. And what will be lost when that happens when he packed together everything that's happened in the last eighty years and what will be lost -- what Newsweek managed to do with it. Make an extremely hard choice about what mattered most each week. To put it on its cover. And those covers over the decades have told us who's a player. What's changing what's being celebrated whom do we -- where are we going. Only one winner every week because they could only be one cover every week hence the magazine of news significance. Not that -- the organization is dead now it will live on digitally as Newsweek global readable worldwide and all platforms except for the ones that kill trees. With ad revenues down and the generation of preferred screens to paper. It makes sense and it's. Away from hearing Paul Simon -- -- and Julio down by the schoolyard help. With that line about being on the cover of Newsweek. The point was that was a place to be only 52 times a year it really meant something. John Donvan ABC news Washington.

This transcript has been automatically generated and may not be 100% accurate.

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