NEW YORK At a time when most newspapers are cutting back on international news, the Washington Post Co. has snapped up Foreign Policy magazine in a bet that there's a strong market for the subject.
The title, which won National Magazine Awards for General Excellence in 2007 and 2003, had been published by the Carnegie Endowment for International Peace, a think tank based in Washington, D.C. Founded in 1970 as a quarterly, its editor and publisher Moises Naim relaunched it as a bimonthly glossy in 2000. Naim said the title has a circulation of 100,000.
The deal also includes the Web site Foreignpolicy.com. Financial terms were not disclosed.
The journal will become part of the Post Co.'s Slate Group. Susan Glasser, a longtime Post editor, will join the magazine as its executive editor.