What the International Business Times Wants With Newsweek
IBT Media, the pure-play digital company that has agreed to buy Newsweek, is not ruling out a print return of some sort for the iconic magazine.
“We are 100% a digital publisher,” said Jonathan Davis, co-founder and chief content officer at IBT Media, which publishes 10 global news sites including its flagship publication the International Business Times. “That being said, we don’t want to exclude [print] from our future plans.”
IAC/InterActiveCorp said Saturday that it had agreed to sell Newsweek to IBT Media for an undisclosed amount. The deal did not include The Daily Beast, the IAC property with which Newsweek was combined.
