IBT Media Claims Newsweek is Profitable

IBT Media has announced that Newsweek is — for the first time in years — profitable. When IBT bought Newsweek last year, the company said it would relaunch the print edition as a “premium product.” At the time we laughed at this idea, but apparently the plan worked.

The company said that advertising now makes up a third of Newsweek’s overall revenue. And speaking of revenue, it’s up a whopping 400 percent over the last year.

Of

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in