Friday,  October 19, 2012 • Vol. 13--No. 94 • 39 of 40 •  Other Editions

(Continued from page 38)

• Nafis' family in Dhaka, Bangladesh, denied he could have been involved in the plot. His parents said he was incapable of such actions and came to America only to study.
• Federal investigators, often accused by defense attorneys of entrapping and leading would-be terrorists along, said the 21-year-old Nafis made the first move over the summer, reaching out for accomplices and eventually contacting a government informant, who then went to federal authorities.
• ___

Newsweek faced unique troubles amid general health of magazine industry

• LOS ANGELES (AP) -- Newsweek's decision to stop publishing a print edition after 80 years and bet its life entirely on a digital future may be more a commentary on its own problems than a definitive statement on the health of the magazine industry.
• Magazine ad revenue in the U.S. is seen rising 2.6 percent this year to $18.3 billion, according to research firm eMarketer. That would be the third increase in three years, driven mainly by gains in digital ad sales, though print ads are expected to be flat.
• Paid magazine subscriptions were up 1.1 percent in the first half of the year, according to the Audit Bureau of Circulations. And while single-copy sales at newsstands are down 9.6 percent, overall circulation - the bulk of which is in print - is steady compared to a year ago.
• The water is so warm for the magazine industry that in the first nine months of the year, 181 new magazines were launched while only about a third as many, or 61, closed, according to publication database MediaFinder.com.
• By several measures, the magazine business has stabilized, albeit at a lower level, since the Great Recession ended three years ago.
• ___

Pummeled pinstripes: Steinbrenner would have issued a public apology after Yankees swept

• NEW YORK (AP) -- George Steinbrenner would have issued a public apology.
• After leading the league in wins this year, the New York Yankees didn't just lose to Detroit in the AL championship series. They got swept in one of the more humiliating moments in the team's history.

(Continued on page 40)

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