Newsweek Sale

What Newsweek Can Learn From Bruce Wasserstein's New York

New York Times | DAVID CARR | Posted 05.25.2011

I have three words for the haters: New York magazine. Last week, Newsweek was sold (for $1 plus great big liabilities) to Sidney Harman, the audio pi...

Newsweek: We Have Secret Bidders Beyond What You've Heard About

Washington Post | Howard Kurtz | Posted 05.25.2011

"What you're reading isn't the complete story by any stretch of the imagination," says Ann McDaniel, Newsweek's managing director. She declines to pro...

Billionaire Buys Newsweek For $1

Posted 05.25.2011

UPDATE, 5:20 PM: The Washington Post Co. has now officially announced the sale of Newsweek to Sidney Harman. In a press release, both Post Co. Chair...

Newsweek Sale A 'Long Shot': David Carr

New York Times | DAVID CARR | Posted 05.25.2011

This Wednesday at close of business, the first nonbinding letters of interest are due for Newsweek. If I were at the Washington Post Company, which...

Washington Post Co. Rejects Avenue Capital Group's Bid For Newsweek, Cites Ties To National Inquirer

Huffington Post | Lindsay Gellman | Posted 05.25.2011

The Washington Post Company declined to sell Newsweek magazine to Avenue Capital Group because of the hedge fund's ties to American Media, Inc., the f...

Jon Meacham: Time For Newsweek To Embrace Internet, Consumers Must Pay For Quality (VIDEO)

Huffington Post | Danny Shea | Posted 05.25.2011

Newsweek editor Jon Meacham, who told the New York Observer that he himself might round up bidders now that the Washington Post is selling his magazin...

Newsweek Sale: Washington Post Looking To Sell Newsweek

AP | ANDREW VANACORE | Posted 05.25.2011

NEW YORK — At a time when people don't want to wait a minute for information, let alone seven days, do newsweeklies have a future? If Newsweek d...

Jon Meacham: I May Round Up Group To Buy Newsweek Myself

The New York Observer | John Koblin | Posted 05.25.2011

Newsweek is up for sale, and Jon Meacham is going to explore the possibility of rounding up some bidders to buy the magazine himself. "I believe this...

Conservative Newsmax REJECTED In Newsweek Bid

nytimes.com | JEREMY W. PETERS | Posted 05.25.2011

The Washington Post Company, which put the magazine up for sale in May after efforts to stem its financial losses failed, has rejected overtures from ...

Jason Linkins

Newsmax's Newsweek Bid

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011

In less than an hour, the next chapter for Newsweek will begin to unfold, as interested bidders are expected to make their initial offer for a magazin...

Newsweek: What Went Wrong

Michael Hastings | Posted 05.25.2011

Michael Hastings

The decision to basically abandon reporting sealed the magazine's fate. Maybe it was inevitable, maybe the Newsweek execs had no choice, but it suggested to me that the end was near.