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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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Smith joined Newsweek in 1970, soon rising to Asian editor and Hong Kong bureau chief. He became editor of all international editions in 1978 and editor-in-chief in 1984. He was promoted to president in 1984 and CEO in 1991. [2] From 1998 to 2011, he was chairman of Newsweek.
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Prior to becoming CEO of Newsweek, Pragad managed its international edition from London in 2014. [8] In 2018, Newsweek was spun off as a standalone company, Newsweek Publishing LLC, from IBT Media with Pragad and Johnathan Davis each owning 50% of that company. [9] Pragad was the subject of a Harvard Business School case study published in 2021 ...
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In 2012, it was announced that Newsweek would stop publishing its print magazine by December. The Newsweek brand would be retooled as Newsweek Global and continue as a digital-only magazine for e-book readers and tablet computers. [8] On February 1, 2013, Brian Ries, the social media editor for NewsBeast, announced that the company had changed ...
Nancy Cooper is an American journalist and news executive, and the global editor-in-chief of Newsweek magazine, a position she has held since 2018. [1]Prior to joining Newsweek, she was deputy executive producer on The Takeaway, a public radio show produced by WNYC, and also worked at International Business Times from 2014 to 2018.