Time Warner has announced that it is selling the magazine that gave it its first name, Time. The company, which will mainly just consist of HBO and some other TV properties, will also throw in People and Sports Illustrated. This comes on the heels of a drastic and, in my opinion, disastrous retooling of Newsweek, which has stopped printing news and is just keeping its bias, focusing on what it has done most poorly, namely analysis features.
Is there a future for weekly magazines? Do you still read any? Is everything doomed to migrate to the web? But will anyone pay for it?
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