Newsweeklies used to hold an important place in our society. People would read their daily paper, then wait for the analysis from Time or Newsweek.
A key word was “wait.”
If people get impatient for downloads to their smartphones (as compared to the former wait we had for dial-up service to connect), waiting four days for a printed magazine to appear is endless.
That’s a big problem for just about every weekly still be published. The one exception: The Economist, which is doing quite well, actually, publishing global economic and political news.
I think the latest (I prefer not to say “last”) redesign of Newsweek was intended to mimic The Economist.
Unfortunately, that didn’t work. And now Newsweek is on the block.