Newsweek

Newsweek
Cover of the issue from June 12, 2020
Editor-in-chiefJennifer Cunningham[1]
Former editors
CategoriesMagazine, publisher
PublisherDev Pragad, president and CEO[4][5]
Total circulation
(2015)
100,000[6]
First issueFebruary 17, 1933 (1933-02-17)
Company
CountryUnited States
Based inNew York City
LanguageEnglish, Japanese, Korean, Polish, Romanian, Spanish, Rioplatense Spanish, Arabic, Serbian
Websitenewsweek.com
ISSN0028-9604
OCLC818916146

Newsweek is an American weekly news magazine based in New York City. Founded as a weekly print magazine in 1933, it was widely distributed during the 20th century and has had many notable editors-in-chief. It is currently co-owned by Dev Pragad, the president and chief executive officer (CEO), and Johnathan Davis, who sits on the board; each owns 50% of the company.[7]

In August 2010, revenue decline prompted the Washington Post Company to sell Newsweek to the audio pioneer Sidney Harman for one US dollar and an assumption of the magazine's liabilities.[8] Later that year, Newsweek merged with the news and opinion website The Daily Beast, forming The Newsweek Daily Beast Company, later called NewsBeast. Newsweek was jointly owned by the estate of Harman and the company IAC.[9][10] Newsweek continued to experience financial difficulties, leading to the suspension of print publication at the end of 2012.

In 2013, IBT Media acquired Newsweek from IAC; the acquisition included the Newsweek brand and its online publication, but did not include The Daily Beast.[11] IBT Media, which also owns the International Business Times, rebranded itself as Newsweek Media Group and in 2014 relaunched Newsweek in both print and digital form. In 2018, IBT Media split into two companies: Newsweek Publishing and IBT Media. The split was accomplished one day before the district attorney of Manhattan indicted Etienne Uzac, the co-owner of IBT Media, on fraud charges.[12][13][14]

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  2. ^ Cite error: The named reference Elliott_Obit_20080929 was invoked but never defined (see the help page).
  3. ^ Cite error: The named reference JonMeacham_dot_com was invoked but never defined (see the help page).
  4. ^ Cite error: The named reference DevPragad_HBS_Interview was invoked but never defined (see the help page).
  5. ^ Cite error: The named reference KingsCollege_2019 was invoked but never defined (see the help page).
  6. ^ Cite error: The named reference Kelly_20150306 was invoked but never defined (see the help page).
  7. ^ Newsweek shareholders resolve litigation Archived September 16, 2023, at the Wayback Machine. newsweek.com.
  8. ^ Cite error: The named reference nytsale was invoked but never defined (see the help page).
  9. ^ Cite error: The named reference merger was invoked but never defined (see the help page).
  10. ^ "The Daily Beast and Newsweek confirm merger". The Spy Report. November 12, 2010. Archived from the original on November 16, 2010. Retrieved November 12, 2010.
  11. ^ Cite error: The named reference ibtpr was invoked but never defined (see the help page).
  12. ^ "DA Vance Announces Indictment of Newsweek and Christian Media Chiefs in Long-Running $10 Million Fraud Probe". Manhattan District Attorney's Office. October 11, 2018. Archived from the original on July 19, 2021. Retrieved July 19, 2021.
  13. ^ Cite error: The named reference :3 was invoked but never defined (see the help page).
  14. ^ Cite error: The named reference PressRelease2018 was invoked but never defined (see the help page).

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