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Newsweek Editor: Excessive Obama Coverage Didn't Hurt Magazine

Newsweek editor Jon Meacham says Newsweek having Obama on the cover numerous times and thorough coverage of him is not to blame for the magazine's downfall. Transcript below:

JON MEACHAM, EDITOR, NEWSWEEK: I’m not pointing fingers, I’m not whining. This is the life we’ve chosen.

HOWARD KURTZ, HOST: Right.

MEACHAM: I believe in this magazine and I’m going to do everything I possibly can and so is everybody at Newsweek to find a future.

KURTZ: But as you move more toward opinion, I believe that Newsweek came to be seen as more liberal, you started running more liberal columnists. I’ve lost track of the number of Barack Obama covers, Michelle Obama covers, could that have limited your appeal in the marketplace?

MEACHAM: I don’t think so because again it is not a readership issue and no advertiser, to my knowledge, ever pitched up and said, you know, I’m not going to advertise because you put the first African-American president in history on the cover or that we were too liberal.

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