Harriman had the unique distinction of running for the presidency on the Democratic ticket twice, and losing to the same man, Dwight David Eisenhower, twice.ĭespite its celebrity-studded board of directors, Newsweek (as the magazine became known from 1937 on) was always second-fiddle to the more successful Time Magazine. Astor became the chairman of the board until his death in 1959. The magazine merged with Today, another weekly journal, in 1937, which brought Averell Harriman and Vincent Astor into the paper as investors. Martyn, a former Time Magazine editor, with blue chip backing from the Cheney, Whitney and Mellon families.
“ News-Week” was founded in 1933 by Thomas C.J. With a more conservative bias in its editorial content, the publication may find it difficult to attract back its old liberal audience…or attract more conservative readers to an old liberal brand. That scoop notwithstanding, the new Newsweek has a tough job ahead establishing itself as a respected journal in the face of concerns about the editorial direction the new owners might take. The new Newsweek came out swinging with its first issue on March 2, now on newsstands, with a blockbuster scoop about breaking through the wall of secrecy to reveal the identity of super-secretive Bitcoin founder Satoshi Nakamoto to be none other than…Satoshi Nakamoto When that did not work, Barry Diller, the media mogul who had inherited control over Newsweek from his late friend Sidney Harman, sold the news magazine to IBT Media, a tiny digital only publisher, with strong conservative Christian ties. That experiment was declared a failure by the end of 2013. The long-time liberal nemesis of conservative arch-rival Time Magazine, went to a digital-only format in December, 2012 in a last-ditch effort to save the brand.
Newsweek, one of the most venerable names in news magazine history, is back in print again after a two-year hiatus.
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