Rick Stengel’s Time, A Newsweekly With ‘Point of View’ and Profit

beckstengel Rick Stengels Time, A Newsweekly With Point of View and ProfitThere are two newsweeklies in this town, and one of them wants nothing to do with the other right now.

In an update to the New York Times article about the Washington Post Company’s sale of Newsweek, Time editor Rick Stengel distances himself as much as possible from his struggling competition-cum-counterpart.

“Our audience is bigger than the cable audiences,” he said. “What we have embraced is point-of-view journalism.”

Mr. Stengel said that Time was “very profitable last year, and we will be even more profitable this year.”

On The Daily Show, Jon Stewart asked Newsweek editor Jon Meacham if he thought Time was better off becuase they do a better job generating buzz. Mr. Meacham said that being owned by a larger media conglomerate gives them an advantage over a one-magazine company.

Article continues below
More from Politics
STAR OF DAVID OR 'PLAIN STAR'?   If you thought "CP Time" was impolitic, on July 2 Donald Trump posted a picture on Twitter of a Star of David on top of a pile of cash next to Hillary Clinton's face. You'd think after the aforementioned crime stats incident (or after engaging a user called "@WhiteGenocideTM," or blasting out a quote from Benito Mussolini, or...) Trump would have learned to wait a full 15 seconds before hitting the "Tweet" button. But not only was the gaffe itself bad, the attempts at damage control made the BP oil spill response look a virtuoso performance.  About two hours after the image went up on Trump's account, somebody took it down and replaced it with a similar picture that swapped the hexagram with a circle (bearing the same legend "Most Corrupt Candidate Ever!"!). Believe it or not, it actually got worse from there. As reports arose that the first image had originated on a white supremacist message board, Trump insisted that the shape was a "sheriff's star," or "plain star," not a Star of David. And he continued to sulk about the coverage online and in public for days afterward, even when the media was clearly ready to move on. This refusal to just let some bad press go would haunt him later on.
Donald Trump More Or Less Says He’ll Keep On Tweeting as President