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 "Newsweek" has been sold to fraudsters

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Registration date : 2010-07-08

PostSubject: "Newsweek" has been sold to fraudsters   Thu Aug 12, 2010 10:10 am

(coach handbags)Washington Post Co. announced on the 2nd day in Sydney with Harman audio equipment tycoon signed an agreement to sell its loss year after year the magazine "Newsweek."

(coach bags)The Washington Post Company Chairman Graham said, Harman decided to retain the "Newsweek" most of the staff, including CEO Tom Mueshemu magazine, but the editor has decided.After completion of the transaction left the magazine.

(coach outlet)In recent years, great changes in the media industry and the background of economic recession, the United States survive on paper media worrying. "Newsweek" also faced decreased advertising revenue, circulation to reduce disturbance. Loss of the magazine last year about 2.8 million U.S. dollars, advertising revenue dropped 37%.

(coach travel bags)Harman, now 91 years old in 1953 and created the audio equipment maker Harman companies, but the acquisition of "Newsweek" Harman is not the company, but the Harman family.
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