BusinessNewsweek for Sale - What Went Wrong?

Newsweek is up for sale, prompting blog debate about the fate of newsweeklies in a world of 24/7 reporting... and some sharp criticism of the magazine itself and its editor, Jon Meacham. "Jon Meacham, Newsweek's editor, failed woefully," writes Michael Wolff at Off the Grid. "Meacham, while only 41, is a perfect example of media insularity and self-congratulation. He's a turgid, flaccid, and suicidally boring writer (that is, it's the reader who wants to do himself in) who somehow came to represent high-mindedness and got heaped with awards." Ouch! But The Awl reports that Meacham himself is putting together a bid for the mag. The Atlantic Wire has his segment on The Daily Show last night. "Newsweek is your father's magazine, and no amount of reinvention could fix that," says Media Decoder. "The brand still has recognition, but beyond helping its editor...get on television and sell some books, it hard to tell what the brand is really worth at this point." Meanwhile, FishbowlNY takes a look at the five ways reporters are covering Newsweek's demise: "the Eulogy, the Economic Eulogy, the 'Who Could Buy It?', the Jack Shafer, and the They Love Obama