Newsweek is a USA magazine covering National News.
Newsweek Magazine was founded by Thomas J.C. Martyn, a former foreign editor at Time Magazine, and first published on February 17, 1933. The Washington Post Company bought Newsweek in 1961. In August 2010, the Washington Post Company sold the magazine to Dr. Sidney Harman, an audio equipment entrepreneur, for the reputed price of one dollar along with an agreement to absorb Newsweek's large financial liabilities. On February 1, 2011, Newsweek magazine and The Daily Beast merged, becoming The Newsweek Daily Beast Company LLC. On July 23, 2012, InterActiveCorp, which shared a 50/50 ownership interest in the company with the Harman family, acquired a controlling interest.
In October 2012, the company announced that Newsweek would stop publishing in print at the end of 2012, having lost a long-standing competition with Time Magazine. With the switch to online-only publishing, the name was changed to Newsweek Global at the beginning of 2013.
In August 2013, Newsweek Global was purchased by IBT Media, the publisher of the International Business Times. IBT acquired the Newsweek brand and website but not the Daily Beast. In 2014, IBT brought back the print edition of Newsweek. The company changed its name to Newsweek Media Group in April 2017. On September 14, 2018 the magazine was spun off as a separate business and the remaining services reverted to the IBT Media name.
This magazine is owned by Newsweek Media Group.
Mailing address: 33 Whitehall Street, , New York, NY 10004
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IBT Media Charged with Fraud Newsweek Owner Changes Name... to Newsweek Jim Impoco became editor of Newsweek Global when IBT purchased the online magazine in August 2013. Tina Brown replaced Jon Meacham as the editor of Newsweek upon the merger of The Daily Beast and Newsweek. Newsweek Magazine Returns in Print
Tina Brown Chops Newsweek Magazine Staff
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-- The company which was renamed Newsweek Media Group, the publisher of Newsweek magazine, has been charged by Manhattan prosecutors with a multimillion-dollar fraud and money-laundering conspiracy.
The New York Times reported the story on October 10, 2018. According to the story, the charges are against both IBT Media, run by Etienne Uzac, and an online publisher called Christian Media, run by William Anderson.
The full story:
https://www.nytimes.com/2018/10/10/business/newsweek-ibt-fraud.html
Posted by Mondo Times editors, Boulder, Colorado USA, October 15, 2018
-- April 27, 2017: IBT Media, the owner of the International Business Times, bought Newsweek magazine in August 2013. Now the company has changed its name to Newsweek Media Group. The change comes a few months after Alan Press, who formerly worked at The Economist, was named president of IBT Media.
Posted by Mondo Times editors, Boulder, Colorado USA, April 30, 2017
Posted by Mondo Times Editors, Boulder Colorado, December 1, 2014
-- February 25, 2014: Newsweek magazine, which has done little except getter weaker over the past decade, will start publishing a print edition again beginning on March 7.
Current owner IBT Media will publish a hundred thousand copies of the new print edition, a fraction of 1.5 million circulation before print publishing ended in 2012.
The Washington Post Company owned Newsweek...
-- December 7, 2012: With the newsweekly about to end print publishing, the axe is falling. It is rumored that half of the editorial staff has been laid off as of today.
Capital New York reported the news on December 6, 2012.
Tina Brown, the CEO of The Newsweek Daily Beast Company LLC, which is owned by InterActiveCorp, sent this memo to the magazine's staff:
"The sad moment has...Also See:
USA National News Media
Newsweek Magazine website