Newsweek and Newsweeklies: It's Content that Matters, Mr. Diller

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Barry Diller made an interesting comment on Monday when he said, “I wish I hadn’t bought Newsweek, It was a mistake.” It seems Mr. Diller does not yet understand that it is the value of the content provided to the public and not the perceived value of the property that makes one publication survive and thrive, while another crashes and burns. Mr. Diller called the idea of printing a single magazine “a fool’s errand,” especially “if that magazine is a newsweekly.”

I don’t agree.

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