Brief profile of NEWSWEEK magazine USA

Editor -Jim Impoco

Categories-News magazine

Frequency -Weekly

Total circulation (December 2012)-1,528,081

[1]First issue February 17, 1933

Company-Newsweek LLC

Country-United States

Based inNew York City

Language-English

Website-www.newsweek.com

ISSN0028-9604

Newsweek is an American weeklynews magazine founded in 1933. Its print editionis available in English in theUnited States,Pakistan,Europe,Middle East and Africa.

It is also available in Japanese inJapan, in Polish in Poland, in Korean inKoreaand in Spanish in all Spanish speaking countries. It is the second-largest news weekly magazine in the U.S., having trailed Time incirculation and advertising revenue for most of its existence.

It is published in four English language editions and 12 global editions written in the language of the circulation region.

Between 2008 and 2012, Newsweek under went internal and external contractions designed to shift the magazine's focus and audience while improving its finances.

Instead, losses accelerated: revenue dropped 38 percent from 2007 to 2009. The revenue declines prompted an August 2010 sale by owner The Washington Post Company to 92-year-old audio pioneerSidney Harman—for a purchase price of $1.00 and an assumption of the magazine's liabilities.

[2][3 ]In November 2010,Newsweek merged with the news and opinion websiteThe Daily Beast, formingThe Newsweek Daily Beast Company, after negotiations between the owners of the two publications.

Tina Brown,The Daily Beast's editor-in-chief served as the editor of both publications.

Newsweek was jointly owned by the estate of the late Harman and the diversified American Internet companyIAC.

[4][5] In October 2012, Brown announced thatNewsweekwould cease print publication with the December 31, 2012, issue and transition to an all-digital format, to be calledNewsweek Global.

[6][7][8] On August 3, 2013,IBT Media announced it had acquired NewsweekfromIACon terms that were not disclosed; the acquisition included the Newsweek brand and its online publication, but did not includeThe Daily Beast.[9]IBT Media relaunched a print edition ofNewsweekon March 7, 2014.

[10][11]Circulation and branchesIn 2003, worldwide circulation was more than 4 million, including 2.7 million in the U.S; by 2010 it reduced to 1.5 million (with newsstand sales declining to just over 40,000 copies per week).

Newsweek publishes editions in Japanese, Korean, Polish, Spanish,Rioplatense Spanish,Arabic, and Turkish, as well as anEnglish language Newsweek International.

Russian Newsweek, published since 2004,was shut in October 2010.

[12]The Bulletin(an Australian weekly until 2008) incorporated an international news section from Newsweek.Based in New York City, the magazine has 22 bureaus: nine in the U.S.: New York City,Los Angeles, Chicago/Detroit, Dallas, Miami, Washington, D.C., Boston and San Francisco, and others overseas in London, Paris, Berlin, Moscow,Jerusalem,Baghdad, Tokyo, Hong Kong, Beijing,South Asia,Cape Town, Mexico City and Buenos Aires.[citation needed]

Source -Wikipedia.