Meacham on Buying Newsweek: 'I'm Going to Take a Look at This' Share this: Newsweek is up for sale, and editor Jon Meacham is going to explore the possibility of rounding up some bidders to buy the magazine himself. "I believe this is an important American institution," he said in an interview. "I just do. Maybe that's quixotic, maybe that's outdated, but it's what I believe." He said he had two voicemails from "two billionaires" after the news was announced this morning that The Washington Post Company was going to try to sell the magazine. He said he had not called them back. Mr. Meacham won a Pulitzer Prize last year and he has a new TV show that will debut on May 7 on PBS. In other words, he has plenty of options he can explore. But for now, he said he's dedicated to figuring out how to save Newsweek . "We have to figure out what journalism is going to be as the old business model collapses all around us," said Mr. Meacham. "And I want to be -- I want to try to be -- a part of that undertaking. Will it work? Who the hell knows. But I'm at least going to look at this." "I'm not living in a fantasy 1965 world," he continued. "This is not a Mad Men romanticism about the news magazine. I'm entirely realistic about our prospects for economic success and the possibilities of finding a consistent audience for our journalism.