Less readers means less ads. And less $$ for the ads that are purchased. Yet, in their arrogance, they continue with their leftist ways. That dinosaur just wants to die...
That could be the reason, but it could also be because weekly news magazines are becoming obsolete for the same reasons that news reels went out of style with the advent of the TV. With the internet, people have instantaneous access to news around the globe, and by the time the weekly news magazines hit the stand, the news they cover is more like ancient history.