Newsweek will no longer be a print magazine, Tina Brown announced in an early-morning blog post. The last print edition will be December 31, 2012.

“In our judgment, we have reached a tipping point at which we can most efficiently and effectively reach our readers in all-digital format,” Ms. Brown writes. “This was not the case just two years ago. It will increasingly be the case in the years ahead.”

The new all-digital, paid-subscription publication will be called Newsweek Global and be available for tablets and online. Select content will be available on The Daily Beast’s website. The Daily Beast, which launched in 2008, merged with Newsweek two years ago. Read More