Quote of the Day: Buggy Whip

Jim Treacher and the fall of Newsweek mag:

The news that the Washington Post Company is selling off Newsweek is the most shocking development in the media world since the cancellation of Buggy Whip Monthly. The magazine’s editor, Jon Meacham, has been making the media rounds, explaining why it’s not his fault. If you don’t recognize his name, don’t worry. Nobody remembers who the captain of the Titanic was either.

Also, if you speak URL-ese, there's a secondary QOTD to be found.