Jon Meacham Putting Together Bid for 'Newsweek'

In today’s meeting, at which the announcement was made that Newsweek was being put up for sale by the Washington Post Company, the magazine’s editor Jon Meacham said that he will be lining up financiers and trying to make a bid to buy the magazine himself. He has already had inquiries from some very well-off types this morning. Tonight’s “Daily Show” appearance-he’s been booked for ages-should be really something! Meacham is currently talking to reporters and juggling calls, so expect more soonish. Update: The Observer’s John Koblin talks to Meacham, who uses a lot of words to explain that he doesn’t quite have it figured out yet but that he’s ready to roll!