Sidney Harman was the husband of Jane Harman, at that time a member of Congress from California. Osborn Elliott was named editor of Newsweek in 1961 and became the editor in chief in 1969. Political commentator Dan Bongino co-owns the platform.  The new Newsweek moved the "Perspectives" section to the front of the magazine, where it served essentially as a highlight reel of the past week on The Daily Beast. More room was made available in the front of the magazine for columnists, editors, and special guests. , In December 2019, journalist Tareq Haddad said he resigned from Newsweek when it refused to publish his story about documents published by WikiLeaks concerning the Organisation for the Prohibition of Chemical Weapons' report into the 2018 Douma chemical attack.  Citing difficulties in competing with online news sources to provide unique news in a weekly publication, the magazine refocused its content on opinion and commentary beginning with its May 24, 2009, issue.  The story soon surfaced online in the Drudge Report.  David Brody of CBN News stated: "This cover should be insulting to women politicians. 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UPDATE, 11/12: In a pair of announcements posted Thursday night, The Daily Beast and Newsweek confirmed that they will be merging.  The Bulletin (an Australian weekly until 2008) incorporated an international news section from Newsweek. , Former Alaska Governor and 2008 Republican vice presidential nominee Sarah Palin was featured on the cover of the November 23, 2009, issue of Newsweek, with the caption "How do you Solve a Problem Like Sarah?" Zakaria told The New York Times that he attended the meeting for several hours but did not recall being told that a report for the president would be produced. Newsweek is an American weekly news magazine founded in 1933.  Former Newsweek writer Matthew Cooper criticized Newsweek for running multiple inaccurate stories in 2018. The error was later attributed to a copy editor who was working on two stories at the same time. UPDATE, 11/12: In a pair of announcements posted Thursday night, The Daily Beast and Newsweek confirmed that they will be merging. ", "FACT CHECK: Did President Trump Incorrectly Color the American Flag? The Wrap reports that Brown would report to a board of directors composed of Harman and IAC chairman Barry Diller. ©2020 Verizon Media.  The article was cited several times in the 1993 Hollywood film Sleepless in Seattle starring Tom Hanks and Meg Ryan. " The cover includes a photo of Palin used in the August 2009 issue of Runner's World.  The sale attracted international bidders.  Celeste Katz, a reporter who was dismissed, had reported on the company's affairs, including the raid by the Manhattan district attorney's office; executive news editors Kenneth Li, who was also fired, had overseen the coverage. Palin herself, the Los Angeles Times and other commentators accused Newsweek of sexism for their choice of cover in the November 23, 2009 issue discussing Palin's book, Going Rogue: An American Life. In 2008, there were 17 Public Elites. It shrank its subscriber rate base, from 3.1 million to 2.6 million in early 2008, to 1.9 million in July 2009 and then to 1.5 million in January 2010—a decline of 50% in one year. , During 2008–2009, Newsweek undertook a dramatic business restructuring. Payback Time: Why Right-Wing Men Rush to Palin's Defense, Palin photographer breached contract with sale to Newsweek, "Michele Bachmann's Newsweek outtakes - Maggie Haberman", "Newsweek Michele Bachmann cover 'sexist' and in bad form? ", "Sweden's election is being misreported abroad – and this is a problem", "From Expensing Yachts to Chasing The Onion: I Watched the Newsweekly Die From the Inside", "Newsweek Fires Editors and Reporter Who Investigated the Company", "Why are Newsweek's new owners so anxious to hide their ties to an enigmatic religious figure? In the 2008 U.S. presidential election, the John McCain campaign wrote a lengthy letter to the editor criticizing a cover story in May 2008. "It's sexist as hell," wrote Lisa Richardson for the Los Angeles Times. The Wrap and The New York Times both reported later Thursday that the tentative deal was set to be announced Friday, but was not yet finalized. Get all the latest election results from across the country, with up-to-the-minute maps and more. The deal, which is reportedly not yet finalized but expected to be completed, is described as a "50-50 merger of the two companies," with what the Observer describes as a "daily role" for new Newsweek owner Sidney Harman. He obtained financial backing from a group of U.S. stockholders "which included Ward Cheney, of the Cheney silk family, John Hay Whitney, and Paul Mellon, son of Andrew W. Mellon".  Meacham left the magazine upon completion of the sale. Newsweek was founded in 1933 as a newsweekly to rival Henry Luce’s Time. , IBT Media became known as Newsweek Media Group in 2017 and changed back its name to IBT Media after the spin-off (September, 2018).. Donate. The "NewsBeast" section featured short articles, a brief interview with a newsmaker, and several graphs and charts for quick reading in the style of The Daily Beast. ", "Secret Iraq Meeting Included Journalists", "Artist behind Newsweek cover: it's not sexist, it depicts the ugliness of sexism", "Newsweek reporter quits, claiming outlet 'suppressed' story on global chemical weapons watchdog", "Shana Alexander, 79, Dies; Passionate Debater on TV", "Ralph de Toledano, 90, Writer Known as a Nixon Friend, Dies", "Ralph de Toledano, 90; Ardent Conservative", "Nation; Where a Player Can Strike Out and Stay at the Plate", https://en.wikipedia.org/w/index.php?title=Newsweek&oldid=986650499, News magazines published in the United States, Weekly magazines published in the United States, All Wikipedia articles written in American English, Short description is different from Wikidata, Articles with unsourced statements from August 2019, Articles with unsourced statements from March 2011, Articles needing additional references from March 2014, All articles needing additional references, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, 100 Million + users p/month (Print and Digital), English, Japanese, Korean, Polish, Romanian, Spanish, Rioplatense Spanish, Arabic, Turkish, Serbian, This page was last edited on 2 November 2020, at 04:43. Newsweek editors rejected the pitch.". At the end of 2010, Newsweek merged with the online publication The Daily Beast, following extensive negotiations between the respective proprietors. The print edition then relaunched in March 2014 under different ownership. Sign up for membership to become a founding member and help shape HuffPost's next chapter. The Manhattan district attorney’s office seized 18 computer servers from the headquarters of Newsweek magazine in Lower Manhattan on Jan. 18, 2018. In 2010, The Washington Post Company offloaded it — for $1 — to the billionaire investor Sidney Harman, who also assumed $40 million in liabilities. , In 1970, Eleanor Holmes Norton represented sixty female employees of Newsweek who had filed a claim with the Equal Employment Opportunity Commission that Newsweek had a policy of only allowing men to be reporters. , Unlike most large American magazines, Newsweek has not used fact-checkers since 1996. The pleas followed a yearslong investigation of ties between IBT Media and David Jang, a South Korean pastor, and Olivet University, a small Bible college he founded in Southern California. , In 2018, former Newsweek journalist Jonathan Alter wrote in The Atlantic that since being sold to the International Business Times in 2013 that the magazine had "produced some strong journalism and plenty of clickbait before becoming a painful embarrassment to anyone who toiled there in its golden age". Between 2008 and 2012, Newsweek experienced financial difficulties, leading to the cessation of print publication and a transition to all-digital format at the end of 2012. , In 2017, Newsweek published a story claiming that the First Lady of Poland refused to shake U.S. President Donald Trump's hand; Snopes described the assertion as "false". Mr. Vance and a team of investigators working under him, including members of the Major Economics Crimes Bureau, uncovered misrepresentations of Newsweek’s finances that included a fictitious accounting firm called Karen Smith L.L.P., prosecutors said. A Manhattan investigation had led to charges against Etienne Uzac, who co-owned IBT Media, and another media executive. Newsweek was acquired by The Washington Post Company in 1961, under whose ownership it remained until 2010. Who Owns the Fox News Network? She told NPR's Steve Inskeep that magazines are in a "parlous condition," but that she had "never been someone who kissed off the world of print. employed for six years from 1987-1993, first as foreign correspondent, then as Berlin bureau chief: Organisation for the Prohibition of Chemical Weapons, Learn how and when to remove this template message, "Newsweek Media Group pares back sites amid turmoil", "Newsweek splits from IBT Media into standalone company", "Washington Post Buys Newsweek. If people get angry, they should be angry.  During this period, the magazine also laid off staff. Notable contributors or employees have included: Those who held the positions of president, chairman, or publisher under The Washington Post Company ownership include: For the 1978–1989 Australia North Queensland current affairs television program, see, Spin-off to IBT Media, return to print and profitability (2013–2018). Newsweek subscription offers > Marvel Studios When Disney bought Marvel for $4 billion in 2009 , it gained one of the biggest movie machines in cinematic history: Marvel Studios. Newsweek was jointly owned by the estate of Harman and the diversified American media and Internet company IAC. Newsweek was a widely distributed newsweekly through the 20th century, with many notable editors-in-chief throughout the years.Newsweek was acquired by The Washington Post Company in 1961, under whose ownership it remained until 2010.
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