The women won, and Newsweek agreed to allow women to be reporters. In 1970, Eleanor Holmes Norton represented sixty female employees of Newsweek who had filed a claim with the Equal Employment Opportunity Commission that Newsweek had a policy of only allowing men to be reporters. March 1, 1976, story about SLA members Bill and Emily Harris Osborn Elliott was named editor of Newsweek in 1961 and became the editor-in-chief in 1969. The magazine was purchased by The Washington Post Company in 1961.
He changed the name to Newsweek, emphasized interpretive stories, introduced signed columns, and launched international editions. In 1937 Malcolm Muir took over as president and editor-in-chief. As a result of the deal, Harriman and Astor provided $600,000 in venture capital funds and Vincent Astor became both the chairman of the board and its principal stockholder between 1937 and his death in 1959.
Averell Harriman, and Vincent Astor of the prominent Astor family. In 1937 News-Week merged with the weekly journal Today, which had been founded in 1932 by future New York Governor and diplomat W. Seven photographs from the week's news were printed on the first issue's cover. The first issue of the magazine was dated February 17, 1933. Williamson served as the first editor-in-chief of Newsweek. Other large stockholders prior to 1946 were public utilities investment banker Stanley Childs and Wall Street corporate lawyer Wilton Lloyd-Smith. The group of original owners invested around $2.5 million. Paul Mellon's ownership in Newsweek apparently represented "the first attempt of the Mellon family to function journalistically on a national scale". stockholders "which included Ward Cheney, of the Cheney silk family, John Hay Whitney, and Paul Mellon, son of Andrew W. He obtained financial backing from a group of U.S. Martyn, a former foreign-news editor for Time. News-Week was launched in 1933 by Thomas J. Since then, Newsweek has been co-owned by Johnathan Davis, who also shares ownership with Uzac of IBT Media, and Dev Pragad, who is also the CEO. In 2018, one day before the District Attorney of Manhattan announced the indictment of Etienne Uzac, the co-owner of IBT Media, the company announced it would split into two companies, Newsweek and IBT Media. IBT Media rebranded itself as Newsweek Media Group. In 2013, a company named IBT Media announced it had acquired Newsweek from IAC the acquisition included the Newsweek brand and its online publication, but did not include The Daily Beast. Newsweek was jointly owned by the estate of Harman and the diversified American media and Internet company IAC.
Later that year, Newsweek merged with the news and opinion website The Daily Beast, forming The Newsweek Daily Beast Company. Revenue declines prompted an August 2010 sale by The Washington Post Company to audio pioneer Sidney Harman-for a purchase price of one dollar and an assumption of the magazine's liabilities. It was relaunched (print and digital) in 2014 under the ownership of IBT Media, which also owns the International Business Times. Between 20, Newsweek experienced financial difficulties, leading to the cessation of print publication and a transition to an all-digital format at the end of 2012. In 1961 the magazine was acquired by The Washington Post Company and remained under its ownership until 2010. Newsweek is an American weekly news magazine founded in 1933, and was widely distributed through the 20th century, with many notable editors-in-chief.
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