Magazines

The appeal of The Economist

A magnifying glass is being held up overtop the Economist magazine.
Illustration: Sarah Grillo/Axios

The Economist is by a large margin the most valuable magazine on the planet, still going strong in the digital age, with a 50% non-controlling stake changing hands in 2015 for £469 million ($731 million) in cash. (In comparison, Marc and Lynne Benioff spent $190 million for 100% of Time in 2018.)

The intrigue: The Economist's allure is based in liberalism, but it's not easy to understand how that is defined.

ESPN's new "Cover Story"

ESPN

With the death of ESPN The Magazine comes the birth of ESPN's "Cover Story," a 21st century version of a magazine cover story that will air monthly across every ESPN platform, from TV to digital. The first cover story about NFL star DeAndre Hopkins will debut this Wednesday at 6:00 a.m. ET on SportsCenter and online.

Why it matters: The new franchise will be the focal point of ESPN's editorial ambitions moving forward. It will be managed by leaders across the entire ESPN newsroom, from TV to digital, photography and podcasts.