Cost-cutting and price increases have helped Newsweek reduce its operating loss this year — and readers seem to like the editorial makeover overseen by editor John Meacham. The New York Times Nov. 15, 2009
Several signs indicate that the recession may be over, but in a lengthy piece, Newsweek suggests that the recovery may not feel like much of a recovery for a very long time. Newsweek July 25, 2009
The “weekly” will publish a second double issues in August, in addition to one around the 4th of July and another at Christmas-time, as a cost-cutting measure in the face of the depressed ad climate. The move comes less than a month after the publication’s switch from its “remedial news” format to more columns and [...]
The printed magazine will be less topical and more focuses on in-depth reporting and commentary, while the website will aggregate news even from competing sources. The changes are meant to re-position the product as a competitor to The Economist and The New Yorker, upscale products that have not suffered as badly from the advertising downturn. [...]
With changing times and the rough economy you can call it the Extreme Makeover of magazines. Newsweek’s Editor Jon Meacham said “If we don’t have something original to say, we won’t. The drill of chasing the week’s news to add a couple of hard-fought new details is not sustainable.” Newsweek is finally doing something [...]
The Washington Post Company, parent company of Newsweek magazine, reported a first half net income of $36.5 million, down 73 percent from $133.2 million during the same period in 2007. However, revenue was $2.1 billion, up 7 percent from the same period last year. Folio (August 1, 2008)
Greg Osberg, the president and worldwide publisher of Newsweek, is leaving the company in the early fall. Osberg said, “I’ve made it no secret that I have a passion for the digital space and I’ve always wanted to return there.” While no successor has been named yet, Jon Meacham, the magazine’s editor, is the early [...]
Daniel Lyons, the former Forbes magazine journalist and writer of the blog The Secret Diary of Steve Jobs, made his final blog entry on Wednesday. Lyons stated that he had grown tired of his fictional creation, but more importantly did not want to be making fun of a real person whose health is in jeopardy. [...]
Dan Lyons, the veteran Forbes tech editor who blogs under the pseudonym “Fake Steve Jobs” has been lured away and hired by Newsweek. Lyons is the first significant hire since the massive layoffs by Newsweek and will take over as the tech editor. Lyons will officially join Newsweek on Aug. 1 and his alter ego, [...]
U.S. News & World Report will be dropping to a biweekly frequency starting in 2009, ceding its troubled category to larger rivals Time and Newsweek. With the decline of their print editions, the newsweeklies are putting a lot of stock in their websites, as they expect their audience to grow due to the instant updates [...]