IBT Media Makes Changes to Newsweek Europe

Seems ominous.

IBT Media is making some big changes to Newsweek Europe. Richard Addis, editor in chief of the magazine which launched just 18 months ago, is leaving and no one is expected to take his place. Instead, Newsweek editor Jim Impoco will add it to his duties.

According to Politico, eight Newsweek Europe staffers are likely to get cut.

Johnathan Davis, co-founder and chief content officer at IBT Media, told The Wall Street Journal, “We feel that as we move forward, we need to unify our editorial platform.”

Davis also insisted that the Europe edition is not shuttering, and that there will still be London-based editorial and sales teams.