alternate-stdout.py

#Here's some sample code based on the book Learning Python by Mark Lutz that addresses your question:

import sys
temp = sys.stdout                 # store original stdout object for later
sys.stdout = open('log.txt', 'w') # redirect all prints to this log file
print("testing123")               # nothing appears at interactive prompt
print("another line")             # again nothing appears. it's written to log file instead
sys.stdout.close()                # ordinary file object
sys.stdout = temp                 # restore print commands to interactive prompt
print("back to normal")           # this shows up in the interactive prompt

#Opening log.txt in a text editor will reveal the following:
#testing123
#another line