Newsweak, TIME, etc, they do not offer content that people are willing to pay for, it’s really that simple.
It was sad that US New and World Report which was founded by a conservative in the 1930’s to counter balance FRD’s administration slowly went left. It could never compete with Time or Newsweak for the liberal/left reader. Circulation dropped and now US News is a shadow of itself and exists primarily on-line.