USA Weekend, the second-largest Sunday newspaper magazine in the United States, will print its final edition on Dec. 28, succumbing to soaring distribution costs and plunging advertising.
The circulation of the Sunday supplement, which was stuffed into newspapers delivered to as many as 70 million homes a few years back, has fallen today to about 18 million, according to a knowledgeable source at Gannett Inc., the parent of the publication.
With advertising sales collapsing by nearly half in the last few years, USA Weekend was expected to produce about $40 million in revenue in 2014, yielding losses in excess of $10 million in each of the last two years, according to the source, who declined to be identified because s/he is not authorized to speak with the press.
USA Weekend is published by USA Today. Print newspapers are finding the going increasing tough owing to the rise of the Internat.