Newsweek Publishing LLC

https://www.newsweek.com/

Newsweek is an American weekly news magazine that has evolved into a global digital news organization, headquartered in New York City. Founded in 1933, its core business involves publishing news, analysis, and ideas across international issues, technology, business, culture, and politics. The company is committed to fair, independent, and transparent journalism, aiming to engage a broad readership across the political and cultural spectrum by fostering diverse views and voices.

Newsweek's product offerings include both print and digital editions, with a significant global reach that encompasses international editions in EMEA and Asia, as well as language-specific versions in countries like Japan, Korea, and Poland. Beyond traditional news reporting, Newsweek also provides various services, including rankings and awards such as "America's Most Trustworthy Companies" and "Best New Product Awards." The company has been actively diversifying its revenue streams through business-to-business advertising and an events division.

Newsweek is privately held and co-owned by Dev Pragad, who serves as President and CEO, and Johnathan Davis, each holding a 50% stake. The company has experienced a significant commercial turnaround, reporting $90 million in revenue and a 20% profit margin in 2024, with consistent profitability since 2019. Its U.S. readership saw a 45% increase in 2025, and it was ranked No. 2 in overall U.S. digital growth by Similarweb's 2024 Digital 100 Report. In recent developments, Newsweek announced the integration of generative AI into its operations in September 2023, and in 2024, it launched an AI video production tool and began hiring an AI-focused breaking news team. As of April 2026, there is an ongoing legal dispute with IBT Media Inc., which claims the 2018 spin-off of Newsweek was never legally completed due to non-payment and is asserting its ownership rights.

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