It would be tempting to buy it and turn it into a highly successful and profitable conservative news outlet.
A conservative news weekly would do very well, I would think.
It would be tempting to buy it and turn it into a highly successful and profitable conservative news outlet.
What asset does Newsweek have other than the copyright to the name and images?
Anybody could buy it and turn it into a conservative magazine overnight.
The problem is that even a conservative newsweekly just won’t last. The market won’t tolerate 3 anymore. There’s already Time and US News.
The irony is that nobody can run it as cheaply as WaPo can. They already have a stable of writers who can use their research to write a newspaper article and then a magazine article.
The problem: Newsweek over the past year has damaged their brand severely. All they had to sell was their reputation and that’s now worthless.
I think Newsweek could be a profitable conservative media platform if someone like Murdoch bought it. Or at least the name has some value.
I was a reader of Newsweek for 30 years, going back to as a kid in the 70’s. Had a subscription as an adult. But finally a couple years ago they announced their new strategy to be a progressive magazine. Then I canceled and haven’t looked back. I do realize it was getting worse and worse over the last ten years as they let Jonathan Alter and Jon Meachem take it over.
[A conservative news weekly would do very well, I would think]
Hey RUSH!!!