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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

05 May 2010 11:53

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Biz: The Washington Post could sell Newsweek. We blame this cover.

  • It’s a rough time to be a weekly periodical. And with losses spanning over years, The Washington Post may be ready to let go of its main competitor to Time. Alas, poor Newsweek. You were like a younger brother to Time. We remember how we felt the first time we heard “Me and Julio Down By the Schoolyard” and heard your name mentioned in it. It made us proud. It wasn’t as cool as “On the Cover of the Rolling Stone,” but Paul Simon knew the score. source