
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 twentieth 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.
Newsweek is an American weekly news magazine founded in 1933 that became widely distributed throughout the twentieth century and is based in New York City. It is currently owned equally by Dev Pragad, who serves as president and CEO, and Johnathan Davis, a board member.
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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 twentieth 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.
In August 2010, revenue decline prompted the Washington Post Company to sell Newsweek to audio pioneer Sidney Harman for one US dollar and an assumption of the magazine's liabilities. 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. Newsweek continued to experience financial difficulties, leading to the suspension of print publication at the end of 2012.
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