We present and apply a new method to measure directly weak magnetization in
thin films. The polarization of a neutron beam channeling through a thin film
structure is measured after exiting the structure edge as a microbeam. We have
applied the method to a tri-layer thin film structure acting as a planar
waveguide for polarized neutrons. The middle guiding layer is a rare earth
based ferrimagnetic material TbCo5 with a low magnetization of about 20 mT. We
demonstrate that the channeling method is more sensitive than the specular
neutron reflection method