October 24, 2014
CHICAGO (AP) - In poking fun at current events, satirical newspaper The Onion often finds a way to heap ridicule on the newspaper industry.
But just like some of the news outlets it lampoons, the Onion announced Friday it is ending the last of its print editions and moving to an all-online format.
Print advertising revenue has been drying up during the transition to a digital-dominated media landscape.
Onion, Inc. President Mike McAvoy says its focus has been on "growing the digital side" of the business.
The last print editions - in Providence, R.I., Milwaukee and the paper's home city of Chicago - will run on Dec. 12.
McAvoy says that "while the print edition is an important part" of its history, the company is excited about new digital opportunities.
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