Newsweek, the struggling weekly magazine that ceased print publication last year, plans to turn the presses back on.
The magazine expects to begin a 64-page weekly edition in January or February, said Jim Impoco, Newsweek’s editor in chief. Mr. Impoco said in an interview that Newsweek would depend more heavily on subscribers than advertisers to pay its bills — and that readers would pay more than in the past.
“It’s going to be a more subscription-based model, closer to what The Economist is compared to what Time magazine is,” Mr. Impoco said. “We see it as a premium product, a boutique product.”
Newsweek’s return to print is a positive sign for a magazine that struggled mightily in the digital age. At its height in 1991, the magazine had 3.3 million readers. In 2010, Newsweek’s owner, The Washington Post, sold it to the billionaire investor Sidney Harman for $1. Mr. Harman, who also assumed $40 million in liabilities, then merged it with The Daily Beast, the website owned by IAC/InterActiveCorp.