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. 10, September 5

California on the Brink
Byline: Dashka Slater and Gary Rivlin The Golden State has become a wasteland of unemployment and budget deficits. Now legislators are cutting holes in what's left of the safety net. Toni Sevchuck knows that budgeting is about making tough choices:...
De Kooning's Fractured Genius
Byline: Blake Gopnik A blockbuster new show explores the great painter's messy reality. We are at a moment in art when "isms" are dead, when instinct trumps theory, when abstraction and figuration live happily together, when variety is better...
Exit the King
Byline: Alan Deutschman How did Steve Jobs become a wizard among muggles? And what will Apple do without its willful inspiration at the helm? If ever there was a showman who knew how to end on a high note--leaving his awed and adoring audience...
Freeing the West Memphis Three
Byline: Mara Leveritt They were wrongly convicted of grisly child murders and locked up for nearly 20 years. Inside their path home. "Damien! I finally GET to hug you!" For 17 years, I have only seen Damien Echols--gaunt, pale, always behind...
How Apple Revolutionized Our World
Byline: Paul Theroux Steve Jobs's dazzling inventions have forever changed us. Steve Jobs, An American hero, is wholly authentic because--in addition to being a brilliant, cranky inventor in the mold of Gyro Gearloose or Thomas Edison--he has...
How the DSK Case Unraveled
Byline: Christopher Dickey And John Solomon The prosecutors saw the maid's story falling apart. But does that mean wStrauss-Kahn was innocent? Raised voices reverberated THROUGH the Manhattan district attorney's office. For two straight days...
Hurricane Politics
Byline: Bill Mckibben Extreme weather is getting worse. But it's politics as usual with Obama refusing to confront climate change. As Hurricane Irene bore down on the East Coast, I was standing outside the White House with hundreds of others...
In Gaddafi's Wake
Byline: Niall Ferguson The dictator's fall is proof that America can still topple a rogue regime. What comes next may underscore our impotence. It still works. Western military intervention--no matter how halfhearted and apparently ineffectual--is...
Mel Brooks Is Still Laughing
Byline: Samuel P. Jacobs The comedian talks teenage hopes, God, and what scares him most. Next month, you and Dick Cavett will appear in an HBO special together. It's a reunion for you and the long-time talk-show host. How do you two get along?...
My Favorite Mistake: Kevin Smith
On the time he got kicked off a flight for being too fat. I tried to get on a Southwest Airlines flight last year, and it didn't go too well. I had just done a podcast for the International Bear Rendezvous, which was a big gay get-together for dudes...
My Life as a Muse
As a new biopic on Serge Gainsbourg hits theaters, singer Jane Birkin remembers the great love of her life. I first met Serge when I went to Paris to audition for Slogan, which he was starring in. I had just separated from the composer John Barry,...
Reliving MLK's Last Hours
Byline: Allison Samuels Photograph By Spencer Heyfron A new Broadway drama with Samuel L. Jackson and Angela Bassett recalls a fateful time--and raises fresh questions about the progress of African-Americans. Samuel l. Jackson doesn't mince words...
The 10 Commandments of Steve
Byline: Leander Kahney More than anything else, Jobs's genius is in managing the creative process. Here's his playbook. Go for perfect. Jobs sweats the details. The night before the first iPod launched, the Apple staff stayed up all night...
The Best Colleges for You
Byline: Clark Merrefield, Lauren Streib, and Ian Yarett Jock or nerd? Partier or activist? International student coming to America or American looking to go abroad? Choosing a college isn't a one-size-fits-all decision. This edition of NEWSWEEK's...
The Best Colleges for You: List
Future CEOs Schools with the most Fortune 100 bosses and billionaires as undergrad and grad alumni. Party School Institutions with high rates of drug violations and top student rankings of nightlife and frats. Return on Investment Where...
The Evolution of Cool
April 1, 1976 College dropouts Steve Jobs and Steve Wozniak found Apple Computer on April Fool's Day. Within three months they show a rudimentary personal computer to fellow enthusiasts in Palo Alto, Calif., and start selling it at a local computer...
The Must-Read Books of Fall
Byline: Malcolm Jones And Lucas Wittmann After lazy days of reading fat thrillers on the beach, it's time to get serious with the annual fall reading bonanza when publishers release all their marquee names, big stars, and prize contenders. The good...
The New Face of Terror TV
Byline: Bryan Curtis Claire Danes is a cia agent fighting a war hero in the riveting new series Homeland. Ten Years Ago, WHEN Osama bin Laden seemed like he had a bloody sequel right around the corner, there was a TV show called 24. It tapped...
The Student Financial Crisis
Byline: Jean Chatzky Our college kids can be dunces about money. Here's what they need to know about budgeting, credit cards, and splurging on Starbucks. Right now, some 2.1 million students are packing off to college. By the time they graduate,...
We're All Cheneyites Now
Byline: Zev Chafets The dark lord of American politics has a new book out, fiercely defending his Legacy. Lay down your arms, dick. You won the fight. On the Fourth of July, Dick Cheney surprised his friends and neighbors in Jackson, Wyo., by...
When Good Candidates Go Bad
Byline: John Avlon George Clooney explores the seedy side of a presidential campaign. This Election Season isn't going to be about hope and change. The time is right for a dark, cynical political thriller. And on cue comes George Clooney's...