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. 158, No. 18, October 31

A Moral Tipping Point
Byline: Translated from the French by Steven B. Kennedy. Bernard-Henri Levy on the unsettling implications of Gaddafi's gory end. Those Images of his corpse. That face, still alive but bloodied, hounded, and taunted. That bare head--suddenly...
Charlie Rose
Byline: Howard Kurtz The TV host talks about asking lengthy questions, two decades on PBS, and whether he'll take over 'The Early Show' on CBS. You just celebrated the 20th anniversary of your show. What's the secret to TV longevity? Find...
Condi's Dangerous Years
Byline: Christopher Dickey From the White House to Baghdad, how she waged the freedom war. With Gaddafi killed, Mubarak ousted, and Obama's declaration last week that all troops will withdraw from Iraq by year's end, Condoleezza Rice's memoir...
Condi's Quick Takes
Condi on Rummy Don and I did tangle in front of others. After one such episode the two of us were walking side by side through the Rose Garden portico. I turned to Don and asked, "What's wrong between us?" "I don't know," he said. "We always...
Good Luck, Chuck
Byline: Michael Tomasky Obama's jobs plan is going nowhere. New York's Senator Schumer may be the best hope to save it. The next three months will be crucial to determining whether Barack Obama has a reasonable shot at reelection or whether he's...
Kal Penn's Excellent Adventure
Byline: Nick Summers Fresh from the White House, Obama's champion is back in a new stoner comedy. In the 2008 presidential race, plenty of Hollywood A-listers lent their names to Barack Obama's election effort--Scarlett Johansson, Robert De Niro,...
My Explosive Pal, Hunter S. Thompson
Johnny Depp on how he played with shotguns, built bombs--and found his mentor's voice. My first encounter with Hunter S. Thompson was when I was invited to the Woody Creek Tavern in Colorado in December 1994. Someone said, "Why don't you come down,...
My Favorite Mistake
Manolo Blahnik on the shoe that almost ended his career. My whole life has been a huge mistake, but what a divine mistake--doing something that I adore. I never planned on doing this as my career. I've made so many mistakes, it's difficult to pinpoint...
My Starry Nights with Sue
Mengers was more than just a Hollywood agent. And she threw the best parties in town. I first met Sue Mengers in 1973. She was my dad's agent, and we would go to her fabulous house in Bel-Air, where she always had these amazing parties. She had...
News Gallery: Gaddafi's Fall
Oct. 18, 2011 Tripoli, Libya: A Tyrant Meets His Fate "We came, we saw, he died." Secretary of State Hillary Clinton uttered those words Thursday upon learning that Muammar Gaddafi had been killed--but before the gory photographs of his demise...
Reluctant Revolutionary
Byline: Mike Giglio Google's Wael Ghonim was the face of Egypt's revolution. Now the fight is failing--and he's out of sight. During Egypt's revolution last January, Google executive Wael Ghonim quickly became the face of the Arab Spring. Using...
Rock Goddess
Byline: Jesse Ellison Florence Welch is everyone else's muse, but she's just trying to be herself. Florence Welch, the beloved Brit singing sensation, is having a blockbuster fall. Her new album, Ceremonials, lands Nov. 1. Her tour wardrobe was...
The Pepsi Generation Gap
Byline: Joanne Lipman; Joanne Lipman is a media adviser and Newsweek's C-Suite columnist. CEO Indra Nooyi wants Wall Street protesters to know she's on their side--sort of. Still shaking off jet lag from a business trip to Russia and Turkey,...
The Wounds of Katrina
Byline: Condoleezza Rice My trip home to heal a racially charged disaster. I'd been to forty-six countries and traveled 171,628 miles in nine months. I just wanted a vacation and took my annual trip to the Greenbrier, but it wasn't much of a...
Yes, Wall Street Helps the Poor
Byline: Niall Ferguson The '1 percent' the protesters love to hate may just save our schools. It was a scene to curdle liberal blood. A ballroom full of New York hedge-fund managers playing poker ... to raise money for charter schools. That's...
You Say You Want a Revolution
Byline: Andrew Sullivan Andrew Sullivan on how he learned to love the 'goddam hippies'--and why their protests aren't going to end. A lot of us have to confess something about the Occupy Wall Street protests: we have a hippie problem. As a post-boomer,...