Look Out TIME...

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Time magazine’s “circulation dropped sharply, to 3.4 million from 4.1 million, a 17 percent decline that resulted mostly from a planned retrenchment announced last year. …

“Circulation at Time’s primary competitors in the newsweekly category, Newsweek and U.S. News & World Report, was essentially unchanged. With more than 3.1 million subscribers, Newsweek was within striking distance of its longtime rival. U.S. News & World Report reported more than 2 million subscribers.”

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