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Malcolm Muir (1885 – January 30, 1979) was a
U.S. The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territo ...
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industrialist A business magnate, also known as a tycoon, is a person who has achieved immense wealth through the ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur or investor who controls, through perso ...
.


Biography

Muir was born in
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
. He served as president of McGraw-Hill Publishing from 1928 to 1937. During his tenure as president, he helped create ''
BusinessWeek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...
'' magazine in 1929, the same year that McGraw-Hill stock was publicly traded for the first time. The first issue of ''The Business Week'', the original title of ''BusinessWeek'', was published on September 7, 1929, a mere seven weeks before the stock market crash that signalled the beginning of the
Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The Financial contagion, ...
. Muir is quoted as saying: "''The Business Week'' will never be content to be a mere chronicle of events. It aims always to interpret their significance ... ''The Business Week'' always has a point of view, and usually a strong opinion, both of which it does not hesitate to express. And all the way through, we hope you will discover it is possible to write sanely and intelligently of business without being pompous or ponderous." Muir served as the
editor-in-chief An editor-in-chief (EIC), also known as lead editor or chief editor, is a publication's editorial leader who has final responsibility for its operations and policies. The highest-ranking editor of a publication may also be titled editor, managing ...
and president of ''
Newsweek ''Newsweek'' is an American weekly online news magazine co-owned 50 percent each by Dev Pragad, its president and CEO, and Johnathan Davis, who has no operational role at ''Newsweek''. Founded as a weekly print magazine in 1933, it was widely ...
'' 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 Graham Holdings Company (formerly The Washington Post Company) is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of ''The Washington Pos ...
bought the magazine in 1961. Muir died in 1979 in
Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...
from stomach disease, pneumonia and old age. Sarah Lucille Turner, who had been one of the first women elected to the
Missouri House of Representatives The Missouri House of Representatives is the lower chamber of the Missouri General Assembly. It has 163 members, representing districts with an average size of 37,000 residents. House members are elected for two-year terms during general election ...
, became Muir's secretary while he was president of
McGraw-Hill McGraw Hill is an American educational publishing company and one of the "big three" educational publishers that publishes educational content, software, and services for pre-K through postgraduate education. The company also publishes referen ...
. After a hiatus she returned to work for him at ''Newsweek'', eventually becoming the magazine's personnel director.


Footnotes


References

* * {{DEFAULTSORT:Muir, Malcolm 1885 births 1979 deaths Newsweek people American magazine publishers (people) Businesspeople from New York City 20th-century American businesspeople