Newsweek Logo — Newsweek is a magazine for news of weekly occurrence. It is published in New York and is distributed in the United States. It is the second largest weekly magazine distributed in the States, having been in that position behind the magazine Time throughout its existence (except for a brief period, which exceeded its advertising revenue). However, their diffusion is higher than that of U.S. News & World Report.
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Originally called “News-Week”, was founded by Thomas JC Martyn on February 17 of 1933. That number included seven photographs of the week’s news on its front page. Over time extended the concept of news magazine, from personal stories to the analysis and criticism. In 1961 The Washington Post Company bought the magazine.
As of 2003 it was estimated that had a worldwide distribution of more than 4 million, including 3.1 million in the U.S. also publishes editions in Japanese, Korean, Polish, Russian, Spanish and Arabic as well as Newsweek International in English. Although it is headquartered in New York, has 22 offices: nine in the U.S. and offices in Beijing, São Paulo, Rio de Janeiro, Buenos Aires, Cape Town, Frankfurt, Hong Kong, Jerusalem, London, Mexico City, Moscow, Paris, Tokyo and Warsaw.
Since 2008, Newsweek has gone through several financial problems, which were reflected in successive reductions. In August, the Washington Post sold the magazine to the entrepreneur Sidney Harman for a token $ 1. The editor Jon Meacham materialize resigned after the sale. In November 2010, Newsweek merged with the Web site of opinion The Daily Beast, Tina Brown, editor in chief, will assume the language of both publications. Newsweek is jointly owned by Harman and IAC.
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