Newsweek is an American weekly news magazine. It is co-owned by Dev Pragad, its president and CEO, and Johnathan Davis, who has no operational role; each owning 50%. Founded as a weekly print magazine in 1933, it was widely distributed during the 20th century, and had many notable editors-in-chief. The magazine was acquired by The Washington Post Company in 1961, and remained under its ownership until 2010. Revenue declines prompted The Washington Post Company to sell it, in August 2010, to the audio pioneer Sidney Harman for a purchase price of one 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. Newsweek was jointly owned by the estate of Harman and the diversified American media and Internet company IAC. Newsweek continued to experience financial difficulties, which led to the cessation of print publication and a transition to an all-digital format at the end of 2012. More information...
According to PR-model, newsweek.com is ranked 269th in multilingual Wikipedia, in particular this website is ranked 201st in English Wikipedia.
The website is placed before rg.ru and after aljazeera.com in the BestRef global ranking of the most important sources of Wikipedia.
