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Line 23: }} '''Newsweek''' iswas an American weekly [[news magazine]] that was published in [[New York City]] in print form from 1933 to 2012. Its print edition was distributed throughout the [[United States]] and internationally. It was the second-largest news weekly magazine in the U.S., having trailed ''[[Time (magazine)\|Time]]'' in circulation and advertising revenue for most of its existence. It was published in four English language editions and 12 global editions written in the language of the circulation region. ''Newsweek'' continues as a news reporting and opinion website with its first digital-only issue published on January 4, 2013. Between 2008 and 2012, ''Newsweek'' underwent internal and external contractions designed to shift the magazine's focus and audience while improving its finances. Instead, losses accelerated: revenue dropped 38 percent from 2007 to 2009. The revenue declines prompted an August 2010 sale by owner [[The Washington Post Company]] to 92-year-old audio pioneer [[Sidney Harman]]—for a purchase price of $1.00 and an assumption of the magazine's liabilities.<ref>{{cite news \|first=Peter \|last=Grove \|authorlink= \|coauthors= Lloyd Grove \|title=How Newsweek Blew It \|url=http://www.thedailybeast.com/blogs-and-stories/2010-08-03/newsweek-losses-revealed/ \|quote = \|publisher=The Daily Beast \|date=August 3, 2010 \|accessdate=2010-08-03 }}</ref><ref name="nytsale" /> Editor [[Jon Meacham]] left the magazine after the sale.<ref name="nytsale" />

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