February 17: Newsweek was launched (1933)

The first issue of Newsweek

Newsweek, an American weekly news magazine, was first published on February 17, 1933, in New York City. Thomas Martyn founded the magazine and the original investors include Ward Cheney, John Hay Whitney, and Paul Mellon. The magazine gradually increased its subscription base. The magazine was purchased by the Washington Post Company in 1961. The company was sold to Sidney Harman in 2010 and was then merged with the online publication The Daily Beast in the end of the same year - the company name became The Newsweek Daily Beast Company. The magazine has gone through a series of ownership changes since its foundation while it has built its reputation as an international weekly magazine.