Wednesday, June 17, 2009

The Newsweekly’s Last Stand - The Atlantic (July/August 2009)

A somewhat snarky but interesting perspective on The Economist; check the full article 

Given that even these daily digests are faltering, how is it that a notionally similar weekly news digest—The Economist—is not only surviving, but thriving? Virtually alone among magazines, The Economist saw its advertising revenues increase last year by double digits—a remarkable 25 percent, according to the Publisher’s Information Bureau. Newsweek’s and Time’s dropped 27 percent and 14 percent, respectively. (The Economist’s revenues declined in the first quarter of this year, but so did almost every magazine’s.) Indeed, The Economist has been growing consistently and powerfully for years, tracking in near mirror-image reverse the decline of its U.S. rivals. Despite being positioned as a niche product, its U.S. circulation is nearing 800,000, and it will inevitably overtake Newsweek on that front soon enough.

Apparently I’m a bit unusual in routinely linking to Economist articles

[…]

While other publications whore themselves to Google, The Huffington Post, and the Drudge Report, almost no one links to The Economist. It sits primly apart from the orgy of link love elsewhere on the Web.

The Newsweekly’s Last Stand - The Atlantic (July/August 2009)

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