San Francisco, Calif., Oct 14, 2011 / 01:52 am
The magazines Catholic World Report and Homiletic & Pastoral Review will be published exclusively online starting in January 2012, Ignatius Press has announced.
“For several years now, Ignatius Press has been subsidizing these two magazines, and the loss has been in the $200,000-range each year. We have continued to subsidize them because we believed--and still believe--they have provided an important service to the Church,” the magazines’ publisher Fr. Joseph Fessio, S.J., said in an announcement.
“However, it doesn't take any prophetic gifts to see what is happening to print magazines. The rapid growth of electronic sources of news and opinion has led to the demise of many magazines, and this is clearly a trend that is going to continue.”
The Catholic World Report website is now available online to print subscribers. In January it will include “new features and greater accessibility” for all readers, Fr. Fessio said.