Newsweek's Print Shutdown Cost $7 Million
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Among the New York-based Internet conglomerate's holdings, which include Ask.com, Match.com, and About.com, are a controlling stake in Newsweek
Last year, it shut down Newsweek's
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That shutdown cost $7 million, IAC officials said, according to a tweet by Bloomberg reporter Sarah Frier.
Apropos that this was reported via Twitter: Newsweek's final print edition carried an accusatory hashtag, #lastprintissue.
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