(BBC) — It will bring together one of US publishing’s oldest names with one of its newest, under the stewardship of former Vanity Fair editor Tina Brown. She co-founded The Daily Beast two years ago and said the two companies would be a “powerful dual platform”. Newsweek, established in 1933, was sold by the Washington […]
(Newsweek) — The Washington Post Company announced Wednesday that it was putting NEWSWEEK, which it has owned since 1961, up for sale. NEWSWEEK’s Daniel Gross spoke with chairman Donald E. Graham about the decision. Read More…
(AP) — The Washington Post Co. is putting Newsweek up for sale in hopes that another owner can figure out how to stem losses at the 77-year-old weekly magazine. While magazines in general have struggled with steep declines in advertising revenue because of the recession, news magazines such as Newsweek face the added pressures from up-to-the-second online […]
(WashingtonPost.com) — The Washington Post Co. announced moments ago that it has hired Allen & Co. to seek buyers for Newsweek magazine, the money-losing newsweekly that The Post Co. has owned for decades. Read More…