Newsweek’s cover story this week entitled The Religious Case for Gay Marriage has lead to an organized campaign encouraging readers to cancel their subscriptions . Chief Executive Tom Ascheim had to open a new email account to handle all the angry email from readers.
Company executives said today the magazine will cut staff as part of a makeover that will turn it into a smaller publication driven by opinion rather than news. The magazine, owned and operated by the Washington Post, has been losing money, cutting more than 100 positions this past spring. Mediaweek reports that Newsweek's ad pages have dropped by about 21% this year.
Thursday, December 11, 2008
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