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. 159, No. 26, June 25

Apocalypse in Mali, Asylum in London
Byline: Tunku Varadarajan "Espana No Es Uganda" Mariano Rajoy, Spain's normally understated prime minister, caused a major stink when he texted a short message to his finance minister, minutes before the latter embarked on final negotiations...
Bashing the Supremes
Byline: Jeff Shesol Why Obama should leave the court alone this fall. Sometime during the next week or two, the justices of the Supreme Court will file through the red velvet curtain of the courtroom, take a seat in their high-backed leather...
Bring on the Leaks!
Byline: Trevor Butterworth Stuxnet was a valuable warning shot. Congress may be throwing a fit over intelligence leaks that implicate the United States in an elaborate cyberattack against Iran's nuclear program, but to some of the world's leading...
Generation 'Special'
Byline: Tina Brown What's really different about the class of 2012? When schoolteacher David McCullough Jr. delivered a commencement address that told the graduating class at Wellesley High School that they were "not special," his words became...
Has Chris Christie Passed His Sell-By Date?
Byline: Peter J. Boyer He showed the GOP how to win in 2012. Now he's bogged down in Jersey. Christie on the call that may never come. The most consequential vote of the political season may well have been one that occurred last October, around...
In Vermouth Veritas
Byline: Liesl Schillinger How bitters became the cocktail flavor of the moment. To Dushan Zaric, a Belgrade-born mixologist who presides over Manhattan's Employees Only speakeasy with a piratical air (his cufflinks are silver skulls), "a cocktail...
Let China Do It
Byline: Niall Ferguson It's not America's job to intervene in Syria. The Arab Spring has plunged Syria into a bloody civil war. Now, with allegations flying that the Russians are supplying helicopters to the odious regime of Bashar al-Assad in...
Look on the Bright Side
Byline: Fiona Bravo Spain is more competitive than you think. You know Spaniards are depressed when Coca-Cola broadcasts a television commercial encouraging citizens to "go get 'em." The spot cuts away from foreign commentators predicting Spain's...
Michael McFaul
Byline: Anna Nemtsova A diplomat with a big mouth--and a big mission. It's a turbulent moment to be Washington's Man in Russia, where protests against Vladimir Putin are rocking the country with a level of turmoil not seen since the days of the...
Middle Class, R.I.P
Byline: Paul Begala The latest casualty of the Bush depression. I have a wealthy friend who lives in a wealthy neighborhood. One day he was in his front yard, chatting with his next-door neighbor, a Republican, who asked him why he's a Democrat....
My Favorite Mistake: Nina Arianda
Byline: Nina Arianda The newly crowned Tony winner relives her mortifying wardrobe malfunction. Going to the theater or having the honor of performing in theater reminds you of your humanity in a very different way. It's a real release and an...
Sleepless in Salt Lake City
Byline: Michelle Cottle How the Mormon church is handling the media frenzy. If you thought Team Obama was having a rough time figuring out how best to handle Mitt Romney's presidential run, consider the plight of the poor Latter-day Saints. ...
The 2012 Bucket List
Forget safaris and wine country. Think Guyana. By Heidi Mitchell As the world flattens around us, the map is being redrawn for the intrepid traveler: a closed-off country opens its borders, a wildlife-rich landscape is cutting back on visitors....
The Scapegoat
Byline: T.J. English FBI agent John Connolly went to jail for enabling the bloody reign of gangster Whitey Bulger. Now in an interview with Newsweek, he says the extent of the feds' cover-up may never be known. In the 12 months since notorious...
Women on Top
Byline: Rebecca Dana No thanks to men. Every socioeconomic trend suggests women are storming the barricades of corporate America. But, two recent studies suggest, they aren't getting much help from men. The first study, a multiyear survey...
Woody Allen's Black Magic
Byline: Sam Tanenhaus The legendary filmmaker returns to his old obsessions-sexual avarice and megalomaniacal control. It's the first Monday in June, 10 days before Woody Allen's new movie, To Rome With Love, will open the Los Angeles Film Festival,...
"You're Not Special"
Byline: David McCullough Jr. After my commencement speech that stunned America. The other day, I found myself in a small glass room with an honest-to-goodness Nobel laureate. This came to pass because a week earlier I had told the members of...