Newsweek

Newsweek is a weekly news magazine covering current events and politics in America. Newsweek magazine is published by Newsweek, Inc. and is headquartered in New York, N.Y. It has been published since 1933 and is currently owned by Sidney Harman. Newsweek covers national news and is the second largest weekly news magazine in the United States, behind Time Magazine. Newsweek was founded in 1933 as News-Week by Thomas J.C. Martyn, a former foreign Time magazine editor. At that time, the magazine cost 10 cents a copy and $4 per year. The name changed to Newsweek in 1937 and it merged with Raymond Moley's weekly magazine, Today. Moley was a member of Franklin D. Roosevelt's "Brain Trust" and to distinguish itself from its competition, Time, which had a similar format, Newsweek carved a reputation for itself as being more liberal and serious in tone. It was the first to assign writer by-lines for its editorial columns. The Washington Post Company bought the magazine in 1961 and its liberal publisher, Katharine Graham, continued to set the publication apart from its two main competitors (Time and U.S. News & World Report). Starting in 2008, the company went through massive restructuring and suffered a reported 50 percent in subscriber rate loss in one year and $28 million in revenue in 2009. The magazine was sold to stereo pioneer Sidney Harman, who is husband to California Congresswoman Jane Harman, in August 2010. Newsweek's editor Jon Meacham's resignation from the magazine coincided with the sale. 52 percent of the readership are men and 47 percent are women. The average age of readers is 52 and 88 percent have either attended or graduated from college. The average personal income of its readers is $99,792.In the 1950s, Newsweek became a leader in in-depth reporting of racial diversity and in the 1960s, under then-editor Osborn Elliott, it became a voice for advocacy journalism, where subjective political positions are countebalanced with facts. In August 1976, Newsweek reported that federal investigators had enough evidence to prove that former Teamsters Union boss James Hoffa was strangled to death July 30, 1974, the day he disappeared outside a suburban Detroit restaurant. The article further reported that the murder was planned and executed outside Michigan. In 1998, Newsweek killed a story about White House intern Monica Lewinsky's sexual relationship with President Bill Clinton. The story broke on news aggregate website, the Drudge Report, which reported that Newsweek's reporter, Michael Isikoff, had gathered enough evidence from sources to publish the story and name Lewinsky, when at the last minute the magazine decided to pull it. Newsweek eventually published the story after the Drudge Report made it public. The magazine is reknowned for its investigative war reporting, most recently in Iraq and Afghanistan. Daniel Klaidman is the Managing Editor.

Articles from Vol. 157, No. 15, April 11

Citizen Kate
Here comes the smart, sexy, grocery-buying, blessedly normal commoner who could save William--and the royal family. When Catherine Elizabeth Middleton marries William Arthur Philip Louis Windsor, a prince of the royal blood, in Westminster Abbey...
How Whoopi Got Her Groove Back
Byline: Ramin Setoodeh The comedian couldn't get arrested a few years ago. Now she's the most popular host on the View and a broadway-musical producer. Of the many things George W. Bush has been blamed for, add this to the list: Whoopi Goldberg...
Interview : Steven Chu
Byline: John Avlon The energy secretary and Nobel Prize-winning physicist talks nuclear power after Japan, and being a nerd. Why shouldn't Americans be concerned about the safety of nuclear power after what they've seen in Japan? Whenever there...
Last Act in the Mideast
Despite the Libyan intervention, the era of Western meddling in the region is coming to an end. Ever since Britain and France set out to dismember the Ottoman Empire nearly a century ago, the West has been engaged in an incoherent, haphazard, episodic,...
Madonna's Malawi Disaster
The star's much-lauded effort to help girls in the African nation of Malawi blew up. Is Kabbalah to blame? One year ago, Madonna squatted in the rust-colored dirt of a sprawling empty lot outside Lilongwe, the capital of Malawi, one of the poorest...
Murder on the EU Express
Byline: Niall Ferguson With the monetary union coming apart, the finger-pointing has begun. Who really killed Europe? You remember Agatha Christie's classic whodunit Murder on the Orient Express? The problem for the great Belgian sleuth Hercule...
My Favorite Mistake
Byline: Jerry Weintraub Jerry Weintraub on how Elvis saved him from a business disaster. For New Year's Eve 1975, I took Elvis Presley to Pontiac, Mich., for a concert at the Silverdome, which is the 80,000-seat stadium right outside Detroit....
Obama's Lesson Planner
Byline: Jonathan Alter Cabinet star Arne Duncan's mission to fix America's schools has a shot at success. When President Obama plays his celebrated basketball games at the White House or Camp David, he always wants one cabinet member on his team:...
Save the Media!
Byline: Joanne Lipman Let the Times charge readers, says ad titan Martin Sorrell--but news needs subsidies, too. Sir Martin Sorrell has always been a bit of a flamethrower. Today, the British advertising tycoon--who amassed one of the largest...
The Despot Index
More than 400 million people live under the iron fist of these nasty tyrants. As Muammar Gaddafi and Bashar al-Assad fire on their own people, check out their allies in oppression and corruption. Muammar Gaddafi COUNTRY Libya AGE (YEARS...
The Great College Road Trip
Byline: Nick Summers Mom, Dad, and an anxious 17-year-old embark on a 1,500-mile quest for the perfect college-half-naked coeds included. "I know I'm obsessing about this," Frank Holland says, speeding down a New Hampshire highway at dusk toward...
The Military's Secret Shame
Byline: Jesse Ellison When men in the military rape other men in the ranks, no one wants to talk about it. Why the sexual assault of males in the service is finally being confronted. Greg Jeloudov was 35 and new to America when he decided to...
The Real GE Scandal
Byline: Robert J. Samuelson It's not that the company won't pay any 2010 U.S. income taxes. It's that we don't know how to tax global business. In the congressional budget showdown, all the maneuvering has been about what to cut--as if we won't...
The Republic of Fear
Byline: Mike Giglio; With Reporting From Damascus Protests in Syria have brought a vicious government crackdown--and renewed paranoia. His name is a pseudonym, adopted when he ran afoul of the secret police, his movements and whereabouts similarly...
What's So Great about Cezanne?
Byline: Blake Gopnik The French artist was an unquestioned genius. But try putting his gifts into words. Paul Cezanne is one of the greatest artists of all time. And that's almost all there is to say about him. That may be what makes him so much...
What's Tina Hiding?
Byline: Anna Holmes Tina Fey may be the most admired woman in show business. If only she would act the part. Tina Fey occupies a special place in the contemporary American cultural imagination: it's hard to know where her characters end and she...