[samtheman]

What’s a Newsweek?

[musicman]

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[Milton Miteybad]

It purports to be a weekly news magazine. The whole operation was purchased for $1.00 (that's one dollar) and assumption of debt by Sidney Harman in 2010. Another way to look at it: the whole enterprise sold for less than the price of a single copy of the magazine in 2010.