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Variety Will Soon Stop Releasing Daily Editions

A women reads a magazines at the Variety Magazine's "Women In Showbiz" at the Beverly Hills Hotel on November 16, 2004 in Beverly Hills California.

Back in October, Variety was sold to Jay Penske, the owner of multiple entertainment sites including Deadline, Movieline, and TV Line. We knew changes were afoot for the 100-plus-year-old trade publication, and they've finally come. Today it was announced that they'll end production of the daily version on March 19, take down the site's paywall on March 1, and move the weekly edition's release from the weekend to every Tuesday. You could say they're going through a variety of changes. (You know, because of the name of the magazine, Variety.) 

Photo: Gene Blevins/Getty Images