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02 Aug 2010 23:47

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Biz: Newsweek bought by a guy who knows something about white noise

  • A stereo tycoon will now own Newsweek. The Washington Post Company, in an effort to get rid of deadwood, tried selling their long-standing Time adversary, Newsweek, and tonight, word’s leaked out that they succeeded. And what better choice for a new boss than 91-year-old Sidney Harman, a stereo company owner who we’re ensured doesn’t have a tin ear. His plans for the product include amplification of online content, noise-cancellation of the editorial pages, and finding the right pitch for a publication that has struggled of late to find its way. Newsweek will be singing a new tune after tonight! source