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Newsweek is an American weekly news magazine founded in 1933. Newsweek was a widely distributed newsweekly through the 20th century, with many notable editors-in-chief throughout the years. Newsweek was acquired by The Washington Post Company in 1961, under whose ownership it remained until 2010. Between 2008 and 2012, Newsweek experienced financial difficulties, leading to the cessation of print publication and a transition to all-digital format at the end of 2012. The print edition then relaunched in March 2014 under different ownership. Revenue declines prompted an August 2010 sale by The Washington Post Company to audio pioneer Sidney Harman—for a purchase price of one dollar and an assumption of the magazine's liabilities. Later that year, Newsweek merged with the news and opinion we