Skip to comments.Newsweek, Mired in Red Ink, Cancels Longtime Political Series (Dinosaur Media DeathWatch™)
Posted on 11/14/2011 4:10:35 PM PST by abb
It has been one of Newsweeks signature ventures and a staple of American political journalism since 1984.
Every presidential election season, the magazine detached a small group of reporters from their daily jobs for a year to travel with the presidential candidates and document their every internal triumph and despair all under the condition that none of it was to be printed until after the election.
Then two days after Election Day, the sum of their reporters work would appear in the magazine. But the ambitious undertaking, known inside the magazine simply as the project, is no more. Newsweek, bleeding red ink and searching for a fresh identity under new ownership, has decided the project would not go forward this election season.
Explaining the decision to end the series, Edward Felsenthal, executive editor of Newsweek and The Daily Beast, its online partner, cited the quickening speed of the news cycle. In a news environment when scoops are often measured in milliseconds between Twitter posts, fewer news organizations are comfortable waiting to publish the kinds of attention-grabbing anecdotes that they would have once saved for longer articles.
Sitting on election news felt to us out of place in an era where so much information comes out so fast, he said. The pace seems measurably faster than even four years ago when many of the most titillating anecdotes about the 2008 campaign were reported in Game Change by John Heilemann and Mark Halperin, a book that did not hit store shelves until January 2010.
Politico and Random House have teamed up to produce serialized campaign e-books that will be released in four installments as the presidential race unfolds. The first is due out Nov. 30 and already has a title: Playbook 2012: The Right Fights Back.
(Excerpt) Read more at mediadecoder.blogs.nytimes.com ...
Texas spent billions and billions on wind power and th EPA has shuttered 2 coal power plants.
We will have blackouts this summer. Probably guaranteed.
The wind doesn’t blow in Texas when its hot hot hot.
wrong thread. probably shouldn’t have 5 windows open
Newsweek. Gosh, I thought that that had gone out with rotary phones and the Studebaker..
CNN/U.S. cuts jobs in Atlanta, other cities
Houghton Mifflin to cut 10% of staff
Moody’s cuts Washington Post on Kaplan’s declines
As Google adds content, competitors get nervous
Social Media Pulling from Digital, TV and Magazine Budgets
Hulu Makes Play for 2012 Political Dollars as TV Ad Prices Heat Up
Optimism Of Ad Execs Begins To Wane Again, Actually Improves For Digital, Mobile, Cable TV
Romenesko didn’t do anything wrong
In Defense of Jim Romenesko
Romeneskos exit turns ugly
Romenesko and the perils of aggregation
Hey if it doesn’t work they can always sell the company for 75 cents next time.
You mean like TIME sitting on this photo and others until AFTER the 2008 election?
The NewsBeast exodus
Politico ^ | Nov 14, 2011 | Keach Hagey
Posted on Monday, November 14, 2011 5:51:08 PM by Second Amendment First
-——its online partner,——
Actually, News Weak is failed publication bought on sale for $1
by its master the delusional Daily beast
NewsWeak’s problem is that there already plenty of other libera to leftist weeklies in America. TNR, Mother Jones, Utne Reader, and in my opinion TIME. NewsWeak didn’t “do it” better than the established players, so it is fading. Good riddance.
WOOOOHOOOOO! Thanks for posting, abb.
WOOOOHOOOOO! Thanks for posting, abb.
DEFUND socialist collectives, foreign and domestic.
Is it still that hot in Texas?
Wheres Joe McCarthy when you need him?
Karl Marx was NOT one of the FOUNDING FATHERS.
CPUSA beware, your days are numbered.
So sad, ...sniff.
yes. It was 84 today. Hopefully winter will arrive this year before January.
Thanks for the ping.
I think what would be really funny is if a well off conservative bought the company for a small fraction of what it used to be worth (or even now) and turned it into a conservative news magazine worth buying at the stand or on a subscription.
Or sold off all physical assets so it stayes really dead.
If it was converted to a conservative publication it would drive the Leftists bonkers! Same with the New Your Slimes.
All ten copies of the book have reportedly been sold, making it a complete success.
LOL I know what thread you were on - I was just there too. Your post looked ok to me.
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