The New Yorker first issue was published in February 1925, just a few weeks shy of a century ago, as a humorous weekly with a fifteen cent cover price. That fifteen cents, according to the U.S. Bureau of Labor Statistics, would be worth $2.75 as of December 2024, the last full month for which numbers are available.
Rea Irvin The New Yorker, February 21, 1925 |
Messenger Kadir Nelson The New Yorker, February 3, 2025 |
https://www.bls.gov/data/inflation_calculator.htm |
There are certainly multiple reasons for this: the global decline of print media, the increasing cost of keeping a talented staff wherever there's news, and the sustained loss of advertising revenue feature prominently. Certainly The New Yorker is a serious news organization today, not just a humor magazine, and such enterprises are experiencing financial challenges in all media. The good news is that subscription rates are still relatively reasonable and the magazine has not compromised its very high editorial standards.
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