Showing posts with label time magazine. Show all posts
Showing posts with label time magazine. Show all posts

Thursday, July 23, 2009

Comparing America's Top 2 News Magazines: Time and Newsweek Broken Down



These two covers, both taken from the same week, tell a whole lot about this battle.

Time Magazine, the often quoted, well-respected news magazine that just about every businessperson reads. And Newsweek, the not-so-often quoted, not-so-respected, often forgotten, but still considerably well-read news magazine. In this sort of a battle, we almost always, automatically say that Time is quite a bit better than Newsweek. However, don't be so quick; Useful Crap has formulated 7 criteria to evaluate the quality of news of these two prominent United States magazines. This means that how well-designed the magazine is, how good the paper feels, how cluttered the site is, how appealing the logo is and how affordable the subscription is, don't count towards determining who's better in this examination. So let's get started:

1. Conciseness

While Time's articles extend on and on and on, Newsweek's rarely exceed two pages. You may say that detail is a good thing but sometimes, you simply want to get to the point and I often find myself taking a peak at how many pages are left to read in some of Time's articles while I know Newsweek can pack quite a bit into the few paragraphs that are used. In addition, Time has a habit of burying the lead; in other words, making people wait to find the main point while Newsweek is much more succinct. So if conciseness is the game then Newsweek takes the cake.

Time: 0 Newsweek: 1

A somewhat surprising start; let's see if Newsweek will hold on.

2. The Intrigue Factor

There isn't much of a question of who wins in this battle. Although Newsweek makes a decent case for itself with a few small special reports, a new "Conventional Wisdom" poll and a highlight on opinion-based pieces, Time easily triumphs. The latter produces plenty of lengthy specials all pleasantly titled as well as articles that are more fascinating in the nature of the topic (who doesn't want to read about Bush and Cheney's last days?) and the always entertaining Best and Worst Lists

Time: 1 Newsweek: 1

One of these magazines will really make a run for it now. Let's see which one.

3. Importance of News

Ah, what else can be faulted of Newsweek but it's notorious track record of reporting more on insignificant side-news than anything else. These days, while Time spits out articles regarding stem cells and Obama's health care plan, Newsweek is lulling on why Britney Spears is good for you. So what can I say, when you're closely affiliated with CNN, the most trusted name in news (as Time Magazine is), who can fault you one what you cover?

Time: 2 Newsweek: 1

Hey, don't rule good ol' Newsweek out yet.

4. Range/Variety

This has to be the most obvious one. One glance at the link bars on the top of both Time and Newsweek's websites and you'll see what you need to know. Time has sections regarding the U.S., World, Politics, Biz and Tech, Health and Science, Entertainment, Travel as well as People. On the other hand, Newsweek shies in comparison, with only the first five. But that's not the whole story. Newsweek essentially limits itself to those five topics while just peering at Time's homepage will show you that right beside each other are three articles: "Puppies Behind Bars", "Apollo 11's Next Giant Leap", and "Asia's Easy Money Bubble Fueling New Bubbles".

Time: 3 Newsweek: 1

Just like its parent company's (The Washington Post) neighbourhood baseball team, Newsweek is losing again.

5. Quality of Journalism

Despite Time's massive workforce that pumps out the most-read articles day after day, you have to give credit to Newsweek for its efforts. With a smaller workforce, Newsweek actually has recruited some of the better journalists who are dwelling in the shadows. If you actually decide to tune into Newsweek for a little while, you'll probably find their more opinion-based articles a lot more stimulating and entertaining, even if they concern generally petty subjects. Time's articles are packed with hard facts that are tough to remember but Newsweek might actually be fun to read. Not to mention the conciseness.

Time: 3 Newsweek: 2

6. Graphics

This is really tough one; but the final question that it came down to was: "Do photos truly contribute to the insights of the actual article?" And I say, no. Time Magazine not only includes good articles but some of the best photos out there as well. They make news beautiful. But of course, that doesn't count. Time does come out with cool graphics and this might be controversial, but I think that Newsweek wins this battle. "News/Week" a bar at the bottom of every Newsweek page is one of the most useful and innovative things I've seen on a website. It's quite simple but very effective, highlighting the most important articles in every section for every day in a convenient interface. Many other little things put Newsweek ahead in this department as well.

Time: 3 Newsweek: 3

7. Depth

So it all boils down to this. The depth. But there's really no contest here, unfortunately. While Newsweek is concise and easy-to-read, Time is a lot more in-depth. Simply compare the number of special reports and you'll see. Compare the number of videos, the number of photos, the number of pages in each article. And you'll see how much more detail-oriented Time is.

Time: 4 Newsweek: 3

So it was a good battle, but in the end, the victor was the more popular and more powerful, Time Magazine. Even after its complete re-invention, Newsweek falls short in a number of key categories. Time has brute force on its side with the amount of money it is able to spend on its quality. Newsweek doesn't have this privelege. And CNN is a good asset as well while the general mission of Time Magazine seems to be quite a bit better.
Still, they are both insightful news magazines and it may even take other factors to decide on your preference.

Saturday, May 16, 2009

The Re-Birth of Newsweek: Newsweek, America's Second Biggest News Magazine has Evolved

Newsweek: Now vs. Then





Newsweek has changed. For the better. The little things and the big things alike; they've added stuff, taken away stuff, modified stuff, all with a new aim to be a new magazine with a new direction of making it in a tough economy with creativity and intuitiveness. Without a doubt, it's the right step but even with the total and utter and complete makeover, it'll be tough to find success as a print publication looking for market share in these tough times.

How Newsweek Has Changed

The little things

If you ask anyone at the company, they'll probably say it's the little things that make or break a magazine. Well, Newsweek has re-made its little things into one big masterpiece. They've improved the site design, staying with the same colors and fonts but employing them in a more appealing way.
They've improved the interface with easy navigation and more convenience; the blogs are right at the top, they've put in an "In the Know" section that highlights important articles from other news agencies, they have a "News/Week" bar that shows the important stories from each day on an interactive space.
They've supplemented to the cool factor with a quote bar. But there a much bigger things as well.

The big things

Everything that you could possibly need is now at your fingertips with Newsweek's evolution. The Newsweek Newswire, although only for the featured stories, adds insight from other sources, from Wikitravel to the the Moscow Times to the New Yorker while Newsweekopedia provides a full collection of all Newsweek articles on every topic from economic stimulus to crime. And this is literally every topic ever mentioned in a Newsweek article. In addition, direct links to related stories, related Newsweekopedia topics, the best Wikipedia article and web search results from Live Search provide all you need to become a Newsweekian expert on anything.
Moreover, the weekly magazine is involves readers more, which is necessary because don't we all love being involved with the rise of video games and other interactive activities? You can be involved in a new and improved daily poll section called "Serious Fun". Plus, if you have a Twitter account, your comments on Newsweek's tweets will be played for the whole world to see. They've also intergrated their own digg-like rating tool that comes standard with each of the articles that allows you to find the best articles on Newsweek. The number of "Recommendations" is proudly displayed beside every article while the number of comments is also broadcasted.

And everything they're doing is a huge mission "to create a forum for a continuous – and continuously worthwhile – conversation about key events and issues."

Is it Going to Help?

Every company out there is cash-starved. They have to cut spending in every department. This includes marketing. What does this mean for Newsweek and every other print publication, TV show, website and outdoor signage provider (I don't know what they're actually called)? It means that they can't sell enough ad space unless they lower the prices to the point where they can no longer make profit.
As you know, none of these media companies rely on the $0.50 per issue subscriber rate or even the $5 per issue at newsstands. They rely on the advertisers. Unfortunately, a great majority of advertisers are not going to have any more marketing budget until we're out of this economic crisis. Hence, the basis of this new Newsweek is to fight for what the companies can give up for advertising. Don't get me wrong, it is still a pretty huge trade but while internet ads are popping up everywhere, print publications' share of the cashflow is shrinking.
Still, it is unquestionable that this huge makeover is going to help Newsweek obtain more advertisers than they had last week but the real mystery is whether the magazine will even be able to survive and thrive, with these additional advertisers. Ad rates are lowered and they still have less advertisers than before, despite the fact that their print publication market share has not changed by much. The print publication market is simply shrinking.

On the other hand, back to positives, Newsweek is still a strong news magazine. This is why reader response is better than ever. Instead of the 2-3 "I agrees" on Facebook, they're getting 9-10 detailed responses to big articles. Their Twitter page is doing even better and the new self-integrated recommendations system is beginning to catch on.
At the same time, Google search volume doesn't seem to be seeing much of an improvement although Newsweek is neck-and-neck in terms of volume with its closest competitor, Time Magazine.


And even if it doesn't work out accordingly for Newsweek, let's hope it survives because it's a great read and never fails to fascinate.

Monday, February 2, 2009

Time Magazine's Terrible Treason: The Story of How One of the World's Biggest Magazine's Abandoned its Subscribers

I'd always been intrigued by Time's insightful articles and I'll give them credit. Their writers are great and always will be great. And that's why I decided it'd be cool to subscribe to the publication and so spent $30 (Canadian dollars) on a year's subscription.
So quickly, they sent me the first issue, which happened to be the Barack Obama Time Person of the Year Issue. I was very satisfied by the content and the service; it was in perfect condition and everything was great ... at the time that is.
After this, I thought I knew my next issue would come on January 19th but that day passed without any sign of a Time Magazine coming any time soon. But I decided that I was so satisfied with the first issue that I didn't care; I'd just wait another week to see if I'd get anything (despite the fact that it's a news magazine and many of the stories' validity and interest quickly expire). However, I waited another week, and nothing came, and another. In fact, I've been waiting until now, more than 4 weeks, and still nothing has come. And you bet that's frustrating because in these tough economical times, you want everything for your dollar and I wasn't getting anything for my hard 30.
Thus, I did the only sensible thing I could and decided I would investigate. So I went to the site (which by the way they had no Canadian version of) and tried to enter my account number, which I had to use to contact them. But somehow, it seemed that all of my account information had been erased from the Time database because, even after continuously trying to get into my account, they refused to grant me entry. And so I called them. But it turned out that the provided phone number could not be called from Canada.
After looking around for awhile though, I came across a little text (maybe font size 6, and grey to boot): It said that there was a specific place to enter account info for Canadians. I clicked and here's where it took me. In case you didn't click, here's the message I was shown:

TIME will no longer be publishing a Canadian advertiser edition. The final issue of TIME Canada is the December 29, 2008 issue.
An official notification will be sent in the next 2-3 weeks. If you have any questions, please call customer service at 1-800 843-8463.

You might spot the phone number at the end, which is what I called to inquire about this. And what I got was a long waiting process followed by a totally unhelpful answerer who just assertively backed this message. So I basically won't get 6 or 7 Time Magazine issues. There cheating me out of 5 bucks. It sounds petty but that's not the point; you wouldn't be happy either if you were denied of your only source of informational entertainment for 2 months.

So thanks Time, for spitting on all of the loyal Canadian subscribers out there.