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. 156, No. 07, August 16

An Empty Poor Box at the United Nations
Byline: Joshua Kurlantzick There's one ray of light for the world's poor: last week's announcement by Warren Buffett and Bill Gates that they had lined up roughly 40 billionaires and wealthy families who are promising to give at least half their...
A Victory for Liberty in California
Byline: Jon Meacham At the conclusion of the arguments in Perry v. Schwarzenegger in June--at issue was the constitutionality of the ban on gay marriage that California voters passed in 2008--the leading attorney for the state found himself in a...
Hero Worshiped
Byline: Jennie Yabroff Who killed Pat Tillman? A film asks instead: who created his myth? Watch just a few seconds of the footage the major news outlets ran nearly nonstop in the weeks following Pat Tillman's death and you'll get a crash course...
How Long Will This Take?
Byline: Number 17, NYC and Raina Kelley When a federal judge on Aug. 4 struck down California's ban on same-sex marriage, it was a victory for gay rights. But the issue is likely to end up before the U.S. Supreme Court, where its fate is uncertain....
Needles in a Haystack
Byline: William J. Dobson; Dobson is writing a book on the challenges to democracy, to be published by Doubleday. A 20-something named Austin Heap has found the perfect disguise for dissidents in their cyberwar against the world's dictators. ...
Palinism 101
Byline: Jacob Weisberg Is her babble scary, or just funny? As far as I can tell, Sarah Palin has four core beliefs: 1. Things go better with God. 2. Yay, Alaska! 3. Let's drill that sucker. 4. Curse you, political establishment. ...
Razing Arizona
Byline: Eve Conant Gov. Jan Brewer's Hawkish Immigration Stance Is Good Politics. But Is It Bad For Business? Back before they grew distant, Barry Broome, head of the Greater Phoenix Economic Council, would talk to Arizona Gov. Jan Brewer every...
Roots of a Rift
Byline: Mark Hosenball What led disgraced cyclist Floyd Landis, who spent three and a half years after his 2006 Tour de France victory denying he doped, to not only back-pedal on his story in May, but accuse onetime teammate Lance Armstrong of using...
Slow to Spend
Byline: Ezra Klein The anti-business president's pro-business recovery. This white house has "vilified industries," complains the Chamber of Commerce. America is burdened with "an anti-business president," moans The Weekly Standard. Would...
Take This Blog and Shove It!
Byline: Tony Dokoupil and Angela Wu When utopian ideals crash into human nature--sloth triumphs. In the history of the web, last spring may figure as a tipping point. That's when Wikipedia, "the free encyclopedia that anyone can edit"--a site...
The Limits of Reason
Byline: Sharon Begley Why evolution may favor irrationality. Women are bad drivers, Saddam plotted 9/11, Obama was not born in America, and Iraq had weapons of mass destruction: to believe any of these requires suspending some of our critical-thinking...
The Parent Trap
Byline: Robert J. Samuelson How our budget policies hurt families. Among the government's most interesting reports is one that estimates what parents spend on their children. Not surprisingly, the costs are steep. For a middle-class, husband-and-wife...
The Real Ground Zero
Byline: Fareed Zakaria Let's promote Muslim moderates right here. Ever since 9/11, liberals and conservatives have agreed that the lasting solution to the problem of Islamic terror is to prevail in the battle of ideas and to discredit radical...
'This Mullah Omar Show'
Byline: Sami Yousafzai and Ron Moreau No one's heard from the Taliban leader in almost nine years. Now his absence is exposing dangerous fault lines within the insurgency. A thrill coursed through the Taliban's ranks a few weeks ago--someone...
War over Ground Zero
Byline: Lisa Miller A proposed mosque tests the limits of American tolerance. They have almost everything in common, including the tragedy that defines their lives. Both women were born in the Bronx and educated in Catholic schools. They married...
When You Are the Editor
Byline: Daniel Lyons Things have been pretty wild around the headquarters of Flipboard lately. This tiny company (19 employees) launched its first iPad app in July, and so many people wanted to download it that within 20 minutes Flipboard's servers...
You Call This a Recovery?
Byline: Rana Foroohar Why the American worker is suffering. According to the Obama administration, this is the Summer of Recovery: the global recession is over, factories across America are ramping up production, and corporate balance sheets...