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Joe Biden pledges $1.7 billion to end hunger across U.S. (www.newsweek.com)

submitted 9 months ago by Rapidcreek@lemmy.world to c/politics@lemmy.world

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[-] Candelestine@lemmy.world 0 points 9 months ago

Let me help:

In 2013, IBT Media acquired Newsweek from IAC; the acquisition included the Newsweek brand and its online publication, but did not include The Daily Beast.[11] IBT Media, which also owns the International Business Times, rebranded itself as Newsweek Media Group, and in 2014, relaunched Newsweek in both print and digital form.

In 2018, IBT Media split into two companies, Newsweek Publishing and IBT Media. The split was accomplished one day before the District Attorney of Manhattan indicted Etienne Uzac, the co-owner of IBT Media, on fraud charges.[12][13][14]

Under Newsweek's current co-owner and CEO, Dev Pragad, it is profitable with revenue of $60 million and also growing: between May 2019 and May 2022, its monthly unique visitors rose from about 30 million to 48 million, according to Comscore. Pragad became CEO in 2016; readership has grown to 100 million readers per month, the highest in its 90-year history.[15][16] The operations of the company were researched by the Harvard Business School; they published a case study in 2021.[17]

https://en.m.wikipedia.org/wiki/Newsweek

Then just check into those companies and the CEO.

this post was submitted on 27 Feb 2024

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