Newsweek’s been dropping subscribers for some time. Apparently, it’s gotten bad enough that the Washington Post, who owns Newsweek, is looking to get rid of it.
Newsweek, which recently underwent a top-to-bottom redesign, was founded in 1933, and the Post Co. has owned it since 1961.
With advertising revenue falling across the industry, Newsweek has been piling up losses since 2007. In a statement Wednesday, Post Co. Chairman Donald E. Graham said he expects those losses to continue this year.
People are interested in actual news rather than an agenda rag. Try some of that, Newsweek, and I think your fortunes will improve.