Not Dead Yet! Harman Buys Newsweek; Meacham to Step Down.

newsweek:

(And neither is NEWSWEEK!)

Yes, we know, could it have taken us any longer to comment on this? (As Don Graham put it, “We have a company tradition of announcing news “after every other person already knows what it is.”) But just in case you didn’t hear, this is the official: Sidney Harman will be Newsweek’s new owner; Jon Meacham will step down. From the release:

No decision on who will replace Meacham has been made. Tom Ascheim, NEWSWEEK’s current chief executive officer, will remain in that role under the new ownership. The deal is expected to be concluded by the end of this month or early September.

“NEWSWEEK is a national treasure,” Harman said. “I am enormously pleased to be succeeding The Washington Post Company and the Graham family and look forward to this great journalistic, business, and technological challenge.”

And there you have it: future no longer TK. Looking forward to welcoming Mr. Harman to the building.

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Notes

  1. nothingeverhappenstoyouossie said: Great news
  2. mmanal reblogged this from newsweek
  3. thenowledge reblogged this from newsweek
  4. lukeandtjsmom reblogged this from newsweek
  5. brianjcarney reblogged this from newsweek and added:
    So - How was your day at work?
  6. alittlespace reblogged this from newsweek and added:
    File under: So this happened today.
  7. hagioren reblogged this from newsweek
  8. markcoatney reblogged this from newsweek and added:
    Couldn’t have said it better myself. Nice.
  9. effdm reblogged this from newsweek and added:
    I’d call that a good result. Well done.
  10. youngmanhattanite reblogged this from newsweek and added:
    Now I know what you’re talking about.
  11. brasilpop reblogged this from newsweek
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  14. newsweek posted this