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Newsweek is an American weekly news magazine founded in 1933. Other large stockholders prior to 1946 were public utilities investment banker Stanley Childs and Wall Street corporate lawyer Wilton Lloyd-Smith. Williamson served as the first editor-in-chief of Newsweek.
In 1937 Malcolm Muir took over as president and editor-in-chief.
He changed the name to Newsweek, emphasized interpretive stories, introduced signed columns, and launched international editions.
Between 20, Newsweek experienced financial difficulties, leading to the cessation of print publication and a transition to all-digital format at the end of 2012. Revenue declines prompted an August 2010 sale by owner The Washington Post Company to audio pioneer Sidney Harman—for a purchase price of one dollar and an assumption of the magazine's liabilities. The first issue of the magazine was dated February 17, 1933.
Later that year, Newsweek merged with the news and opinion website The Daily Beast, forming The Newsweek Daily Beast Company. Seven photographs from the week's news were printed on the first issue's cover.
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