![]() But the blending of the two brands failed, in part because no real integration took place. He bought the magazine from the Washington Post Company for a dollar and merged it with The Daily Beast, the Web site owned by Mr. Harman, a 92-year-old audio magnate who died last year. Many of the problems began in 2010 with the sale of Newsweek to Mr. ![]() The covers become a conversation starter.” I have always felt that the coversĪre about a conversation. We have been able to bring Newsweek back to relevance. ![]() “The magazine was incredibly moribund when we came in,” she said on Thursday. “Though I have to say on her behalf, that cover did very well.” “That’s how we ended up with that asparagus cover from stock photos,” the employee said, referring to a cover showing a piece of asparagus dangling above a woman’s lips, which was widelyĭerided by media commentators. Scrambling to come up with something to illustrate her next big idea. Brown would tear up long-planned issues at the last moment, according to a staff member involved in production, who declined to speak on the record because of the impending layoffs. Brown struggled to integrate the two operations and maintainĭespite her best efforts to take a flagging product and rejuvenate it, much of what she tried fell flat, and her attempts to create buzz with cover articles that discussed sex addiction and called President Obama “the first gay president’’ resulted mostly in puzzlement and, sometimes, ridicule. You can’t turn back what is an inexorable trend.”īut behind the scenes, current and former employees say, there were tensions that led to an increasingly tumultuous newsroom, as financial losses mounted and Ms. “You cannot actually change an era of enormous disruptive innovation,” she said in a phone interview. Brown characterized the move as bowing to the inevitable digital future. In the pre-Internet era, before a constant stream of real-time information was available, readers eagerly awaited the two magazines to see which cover stories they would feature - and whether they would be the The end of the print edition will help stem Newsweek’s estimated $40 million in annual losses.įounded in 1933, Newsweek established a venerable place in the American media landscape, competing ferociously with Time magazine week in and week out to bring the top news stories to several million readers. Brown said, and some Newsweek articles will appear on The Daily Beast, which will continue asĪ free Web site. Readers will continue to pay for Newsweek, Ms. The staff remaining will publish a digital magazine called Newsweek Global. The transition, she wrote, would include layoffs, andĪt a staff meeting Thursday morning, she grew teary-eyed when she told employees that she didn’t know how many people would be let go. Brown announced that Newsweek would cease print publication at the end of the year and move to an all-digital format. In a message posted on The Daily Beast, Ms. It had high-profile ownership, first in Sidney Harman and then in Barry Diller, and it was held together by the experienced magazine editor Tina Brown, looking for one more big hit on her résumé.īut on Thursday, Newsweek buckled under the pressure afflicting the magazine industry in general and newsweeklies in particular, with their outdated print cycles that have been overtaken by the Internet. From the start, it was an unwieldy melding of two newsrooms: a legacy print magazine, Newsweek, combined with an irreverent digital news site, The Daily Beast.
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