The End of Print for Newsweek Is on Barry Diller's Horizon

That doesn't sound like the print edition is going to end imminently, and an IAC spokesperson followed up with Byers with a statement confirming the September or October target for the announcement of a plan to transition to digital. Justine Saco wrote in her email:

[Diller] was speaking about the weekly print industry in general and said that it’s difficult. We’re looking at all options for Newsweek and will have a plan in place by September or October. He mentioned that he thinks at some point there will be a transition to online from hard print, not entirely, but a general transition, but that was in reference to the whole industry.