From MediaPost Publications:
Signaling a fundamental shift in the publishing industry, The Christian Science Monitor today announced plans to shift from daily to a weekly print publishing format. In turn, the national newspaper plans to invest heavily in its Web presence.
“We’re the first national paper to switch to a web first strategy,” said John Yemma, editor of the newspaper, which is more than 100 years old and has won seven Pulitzer Prizes. “We need to make it first rather than secondary, so we can make it more of a go-to destination.”
The newspaper industry is facing intense pressure to downsize and reorganize due to decreasing ad revenue, rising production costs, and a whole host of new and Web-facilitated competition.