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The financial results for 2009 as reported by The Washington Post Company showed that advertising revenue for Newsweek was down 37% in 2009 and the magazine division reported an operating loss for 2009 of US$29.3 million (equivalent to $41.61 million in 2023) compared to a loss of US$16 million in 2008 (equivalent to $22.64 million in 2023). [30]
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Osborn Elliott (October 25, 1924 – September 28, 2008) was the editor of Newsweek magazine for sixteen years between 1961 and 1976. [1] Elliott is credited with transforming Newsweek from a staid publication into a modern rival of Time.
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Muir served as the editor-in-chief and president of Newsweek magazine between 1937 and 1959. He was responsible for changing the four-year-old News-Week magazine's name to Newsweek and introducing international editions. He was named honorary chairman of the board when the Washington Post Company bought the magazine in 1961.
Graham Holdings Company (formerly The Washington Post Company) is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, [3] it was formerly the owner of The Washington Post newspaper and Newsweek magazine.