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At the same time, Time Warner's Pathfinder collection of media properties– which includes Newsweek arch rival Time– attracted as many as 5 million unique visitors.
It will, he said, be closer to The Economist than its former rival, Time magazine.
Betting on the future of a newsweekly, particularly Newsweek, which has been far less successful than its rival Time, is a gamble.
By the 21st century, Newsweek, like its rival Time, had retreated somewhat from hard news, infusing its issues with more celebrity and consumer-oriented coverage.
He's still got it, drolly saying of a rival: "Time has not been kind to that face, but I do recall the smell of brimstone and crazy".
It is the second sale in three years for Newsweek, the US weekly news magazine that used to rival Time and exercised considerable political influence.
Similar(52)
When the final edition of the New York Herald Tribune was published, on April 24 , 1966 dark conspiracy theories circulated as to how the rival Times had contrived to bring about this denouement.
She remained apart from active involvement in the business as the Washington Post Company acquired the rival Times-Herald in 1954, Newsweek magazine in 1961, and several radio and television stations.
Mr. Graham was immersed in building up The Washington Post, conducting negotiations to buy the rival Times-Herald and merging it with his paper, and waging political battles as The Post took on Senator Joseph McCarthy and his brand of anti-communism.
Unfortunately for Wiggins's rivals, time trials happen to be his specialty.
There is a similar thirst for more tablet competition at Condé Nast's crosstown rivals Time Inc. and Hearst Magazines, which have developed applications across a variety of platforms that compete directly with Apple.
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