The Plan to Save Newsweek

Sidney Harman, the stereo equipment businessman who bought Newsweek from the Washington Post Company, spoke to the Wall Street Journal about his five-year plan to turn around the struggling newsmag, which is on track to lose $20 million this year. In all, Harman thinks the magazine is too thin -- in terms of paper width, reporting and graphics.

WSJ: What do you envision the company looking like in five years?

Mr. Harman: Newsweek managed to insulate itself from all the opportunities to expand its mark. Newsweek should be in numbers of businesses it's not in now. The lecture business, the publishing business beyond the magazine, the consulting business, seminars and conventions, newsletters.

Read the full story at WSJ.

Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Never Tell People How Old They Look

Age discrimination affects us all. Who cares about youth? James Hamblin turns to his colleague Jeffrey Goldberg for advice.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Never Tell People How Old They Look

Age discrimination affects us all. James Hamblin turns to a colleague for advice.

Video

Would You Live in a Treehouse?

A treehouse can be an ideal office space, vacation rental, and way of reconnecting with your youth.

Video

Pittsburgh: 'Better Than You Thought'

How Steel City became a bikeable, walkable paradise

Video

A Four-Dimensional Tour of Boston

In this groundbreaking video, time moves at multiple speeds within a single frame.

Video

Who Made Pop Music So Repetitive? You Did.

If pop music is too homogenous, that's because listeners want it that way.

More in Business

Just In