The Weekly Beast Doing the Math – The Awl

TheDailyBeastlosessomethinglike$200,000aweek。

Newsweeklosesaround$500,000aweek。

(Actuallymorelike$538,000?

—?

that’s$28millionayear。

)Putthetwoentitiestogetherandyou’relosingamilliondollarseverytendaysorso。

Sure,there’ssomecashincoming?

—?

Newsweekhas$165millioninannualrevenue!

Whichisatonofmoney…almostnoneofwhichcomesfromNewsweek。

com。

Makingsenseofthepropertiesonlineisthemostconfusingorderofthemerger。

(Whatwillbedonetotheprintproductseemsprettyobvioustomost。

)ParticularlygiventhatNewsweek。

comhastwotothreetimesthetrafficoftheBeast。

Here’sthecasefornotshuttingdownNewsweek。

com,whichincludes“notthrowingaway$9millionayear,”because,youknow,whodoesn’tlike$9millionayear?

Why,thatpaysforlike90daysofburnrate!

Afterall,Newsweek。

comonlyloses$38,000。

Eachweek。

Seemslikealmostnothinginallthoseothernumbers,right?

Inanyevent,nowthefirings?

begin。

[Relevantdisclosures:IhavetakenmoneyfromtheDailyBeastandenjoyedit。

IlikeTinaBrown。

IhaveneverreadanissueofNewsweek,notevenatthedentist。