The Christian Science Monitor announced that it will cease publication of its daily print edition as of next year.

The Boston-based, 100 year old newspapers will focus on its website and will launch a weekly news magazine in April in order to cut costs.

According to Forbes, the "Monitor's change is perhaps the most poignant acknowledgment thus far of the radical transformation in the newspaper business. While hardly a major force in journalism anymore, the Monitor is the most well-known and prestigious newspaper in America to bail out of having a print edition."

Source: Forbes