Christian Science Monitor To Drop Daily Print Publication, Go Online Only

What You Should Have Read, October 28, 2008

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Christian Science Monitor To Drop Daily Print Publication, Go Online Only

The AP reports on The Christian Science Monitor, which said Tuesday it will become the first national newspaper to drop its daily print edition and focus on publishing online, succumbing to the financial pressure squeezing its industry harder than ever. Come April, the Boston-based general-interest paper -- founded in 1908 and the winner of seven Pulitzer Prizes -- will print only a weekend edition after struggling financially for decades. The Monitor, known for its in-depth international reporting, particularly in the Middle East, has seen its circulation fall from a peak of 223,000 in 1970 to about 50,000 now, while its online traffic has soared. The newspaper gets about 5 million page-views per month, compared with about 4 million five years ago and 1 million a decade ago. The Monitor was one of the first newspapers in the country to put content online, beginning in 1995. Cutting print editions also will help the paper reduce its dependence on sizable subsidies from its owner, the First Church of Christ, Scientist, which now provides more than half its operating budget. Yemma said the move to "Web-first" publishing will likely result in some job cuts, but it is unclear how many.
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