Amazon to discontinue newspaper and magazine subscriptions from September
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Taking a step behind in news and information business, Amazon (NASDAQ:AMZN) has stopped selling subscriptions to both print and Kindle magazines; Kindle Newsstand will shut down completely in September.
Until June 5, customers have time to manage print magazine subscriptions through Amazon, after which theyâll have to deal directly with the publication.

On Mar.9, the company stopped selling the subscriptions.
The company has encouraged publishers to add their newspapers and magazines to its Kindle Unlimited program or Prime Reading, both of which offer an all-you-can-read option to customers, but generally result in much lower revenues for the publications.
"As part of our annual operating planning review process, we always look at each of our businesses and what we believe we should change. Following an assessment of our magazine and newspaper subscriptions and single-issue sales, we have made the difficult decision to discontinue these services," Amazon spokesperson Julia Lee communicated it to The Verge.
In mid-January, the company announced 18K layoffs amid growing recession fears in the C-suite.