From the New York Times:
Continue reading it to get an idea of the culture of excesses and affairs before it's decline by not adapting to the Internet.
I remember during the start of my debating years, I started off reading Time and/or Newsweek (another much fallen "giant" of the times, subscribed by my father), before you'd get serious and start reading the Economist and researching issues online via Google.
It's clear that the Internet has claimed many traditional media entities as its prey.
(via Daring Fireball)