Newsweek brought back in print as a "luxury product"

When the deep pockets and big brains of the business couldn't manage to keep Newsweek publishing, somehow a couple of audacious online publishers -- much to their surprise -- are bringing it back (at least in a small way) in print. 


According to a story in the New York Times, IBT Media bought Newsweek's assets at fire sale prices with the goal of publishing the newsweekly wholly on the web.