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Newsweek
''Newsweek'' is an American weekly news magazine based in New York City. Founded as a weekly print magazine in 1933, it was widely distributed during the 20th century and has had many notable editors-in-chief. It is currently co-owned by Dev Pragad, the president and chief executive officer (CEO), and Johnathan Davis, who sits on the board; each owns 50% of the company. In August 2010, revenue decline prompted Graham Holdings, the Washington Post Company to sell ''Newsweek'' to the audio pioneer Sidney Harman for one US 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, later called ''NewsBeast''. ''Newsweek'' was jointly owned by the estate of Harman and the company IAC (company), IAC. ''Newsweek'' continued to experience financial difficulties, leading to the suspension of print publication at the end of 2012. In 2013, IBT Media acquired ...
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IBT Media
IBT Media is an American global digital news organization with over 90 million monthly readers, owned by followers of religious leader David Jang. It publishes the ''International Business Times'' and ''Medical Daily'', among others. IBT Media is headquartered in New York City, in the Hanover Square neighborhood of Lower Manhattan. As of 2014, the company posted revenue of about $21 million and generated a profit of about $500,000. Corporate structure and revenue IBT Media is a privately held company, owned by Etienne Uzac, a convicted felon. The company has not received outside funding, and has grown with a focus on being an "efficient company", concentrating on the "revenue side as well as on the expenses". It started in 2006, with personal savings, and SBA bank loan, and no input, financial or advisory, from VCs. It has been profitable since 2010. Since then it has acquired ''Newsweek''. The company derives its profits primarily from advertising and has been profitable s ...
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Dev Pragad
Dev Pragad (born 1984) is the British-American president and CEO of ''Newsweek''. He is also co-owner of ''Newsweek'' acquiring a half-interest in 2018. Under his tenure, ''Newsweek'' returned to profitability and reaches 100 million readers a month. Early life and education Pragad was born in India, grew up in the United Kingdom, and graduated from King's College London with a Bachelor of Engineering in computer science/electronics and a Ph.D in Electrical Engineering. He relocated to New York and became an American citizen, with dual citizenship in the UK. He also completed the Owner/President Management program, an Alumni granting 2 year executive education program of Harvard Business School. Career Prior to becoming CEO of ''Newsweek'', Pragad managed its international edition from London in 2014. 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. Pragad w ...
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The Newsweek Daily Beast Company
NewsBeast was an American media company, and owner of ''Newsweek'' and ''The Daily Beast''. It was established in 2010 as a merger between the two media outlets. The company was owned by IAC/InterActiveCorp and the estate of Sidney Harman, with Stephen Colvin of ''The Daily Beast'' as CEO. In August 2013, IBT Media acquired ''Newsweek'', leaving ''The Daily Beast'' under the management of The Newsweek Daily Beast Company, which today operates as a subsidiary of IAC. History ''Newsweek'' magazine was launched in 1933 by a group of U.S. stockholders "which included Ward Cheney, of the Cheney silk family, John Hay Whitney, and Paul Mellon, son of Andrew W. Mellon," according to ''America's 60 Families'' by Ferdinand Lundberg. ''The Daily Beast'' was founded in 2008 by Tina Brown, former editor of '' Vanity Fair'' and ''The New Yorker'' as well as the short-lived '' Talk Magazine''. Newsweek was purchased by The Washington Post Company in 1961. With increasing competition from o ...
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International Business Times
The ''International Business Times'' is an American online newspaper that publishes five national editions in four languages. The publication, sometimes called ''IBTimes'' or ''IBT'', offers news, opinion and editorial commentary on business and commerce. IBT is one of the world's largest online news sources, receiving forty million unique visitors each month. Its 2013 revenues were around $21 million. IBTimes editions include Australia, India, International, Singapore, United Kingdom, U.K. and United States, U.S. ''IBTimes'' was launched in 2005; it is owned by IBT Media, and was founded by Etienne Uzac and Johnathan Davis (businessman), Johnathan Davis, two followers of David Jang who also has a relationship to IBT and Newsweek. Its headquarters are in the Financial District, Manhattan, Financial District of Lower Manhattan, New York City. In 2013, it bought the struggling Newsweek magazine from Barry Diller. In 2018, IBT spun out Newsweek as an independent entity co-owned by ...
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Osborn Elliott
Osborn Elliott (October 25, 1924 – September 28, 2008) was the editor of ''Newsweek'' magazine for sixteen years between 1961 and 1976. Elliott is credited with transforming ''Newsweek'' from a staid publication into a modern rival of ''Time''. ''Newsweeks circulation doubled to three million issues during Elliott's tenure as editor, which narrowed the gap with ''Time''. Biography Early life Osborn Elliott was born in New York City, the son of Audrey Osborn and John Elliott. His father worked as an investment counselor. His mother was a high-profile real estate agent in Manhattan, who had been actively involved with the American women's suffrage movement of the early 20th century. Elliott attended St. Paul's School in Concord, New Hampshire. He attended and graduated from Harvard University on an accelerated two-year wartime program. He served in the United States Navy for two years after graduation as a naval officer. Career Elliott began his career in the news maga ...
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Sidney Harman
Sidney Mortimer Harman (August 4, 1918 – April 12, 2011) was a Canadian-born American engineer, businessman, manager and philanthropist active in electronics, education, government, industry, and publishing. Harman made “high-fidelity sound part of American life". Harman's career highlights include: co-founder, CEO and Chairman Emeritus of Harman/Kardon, Inc, President of World Friends College, U.S. Under Secretary of Commerce, Fellow of American Academy of Arts and Sciences, board member of the Aspen Institute for Humanistic Studies, Isaias W. Hellman Professor of Polymathy at University of Southern California executive board chairman of Business Executives for National Security, member of the Council on Foreign Relations and CFO-owner of the Newsweek Daily Beast Co. Harman was active in business until his death at 92 years old. He died one month after being diagnosed with acute myeloid leukemia. Early life and education Harman was born in Montreal, Quebec, Cana ...
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The Daily Beast
''The Daily Beast'' is an American news website focused on politics, media, and pop culture. Founded in 2008, the website is owned by IAC Inc. It has been characterized as a "high-end tabloid" by Noah Shachtman, the site's editor-in-chief from 2018 to 2021. In a 2015 interview, former editor-in-chief John Avlon described the ''Beast''s editorial approach: "We seek out scoops, scandals, and stories about secret worlds; we love confronting bullies, bigots, and hypocrites." In 2018, Avlon described the ''Beast''s "strike zone" as "politics, pop culture, and power". History ''The Daily Beast'' began publishing on October 6, 2008. Its founding editor was Tina Brown, a former editor of ''Vanity Fair'' and ''The New Yorker'' as well as the short-lived ''Talk'' magazine. The name of the site was taken from a fictional newspaper in Evelyn Waugh's novel ''Scoop''. In 2010, ''The Daily Beast'' merged with the magazine ''Newsweek'' creating a combined company, The Newsweek Dai ...
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Malcolm Muir (publisher)
Malcolm Muir (1885 – January 30, 1979) was a United States of America, U.S. magazine industrialist. Biography Muir was born in New York City. He served as president of McGraw-Hill, McGraw-Hill Publishing from 1928 to 1937. During his tenure as president, he helped create ''BusinessWeek'' 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. 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 o ...
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Jon Meacham
Jon Ellis Meacham (; born May 20, 1969) is an American writer, reviewer, historian and presidential biographer who is serving as the Canon Historian of the Washington National Cathedral since November 7, 2021. A former executive editor and executive vice president at Random House, he is a contributing writer to ''The New York Times'' Book Review, a contributing editor to ''Time'' magazine, and a former editor-in-chief of ''Newsweek''. He is the author of several books. He won the 2009 Pulitzer Prize for Biography or Autobiography for '' American Lion: Andrew Jackson in the White House''. He holds the Carolyn T. and Robert M. Rogers Endowed Chair in American Presidency at Vanderbilt University. Early life and education Meacham was born in Chattanooga, Tennessee. His parents are Jere Ellis Meacham (1946–2008), a construction and labor-relations executive who was decorated for valor during the Vietnam War, and Linda (McBrayer) Brodie. His paternal grandparents, Ellis K. Meacham an ...
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