Celebrating Newsweek’s Remarkable Year

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As 2023 ends, I am proud to reflect on a remarkable year for Newsweek—culminating in the achievement of record audience, engagement, and digital advertising revenues in Q4. Our journey, set against the backdrop of our 90th anniversary, testifies to our enduring commitment to Newsweek’s distinctive mission: We seek common ground in a polarized society. Our mission goes beyond simply reporting the facts; it’s about creating a platform where diverse views are respected and dialogue is encouraged.

We celebrated our legacy this year by furthering this commitment in inspiring new ways. The Newsweek Fairness Meter asks readers to tell us whether we’ve fulfilled our promise to be factual and fair—a bold invitation in a world where objectivity is often challenged. (Nearly 80 percent of the hundreds of thousands of responses so far say we’ve succeeded.) Newsweek’s Debate of the Day offers perspectives across the political and cultural spectrum, exemplifying our support of open, thoughtful discussion.

In alignment with Newsweek’s mission of providing trustworthy information, our industry-leading rankings have become a sought-out tool for our global audience.

Rankings were our fastest-growing business this year, powered by a major expansion of our employer rankings and our increasing dominance in consumer guides to the healthcare industry. Most recently, Newsweek launched Vault, designed to empower consumers by providing insights, reviews, and guides on various financial products and services.

We completely reimagined Newsweek’s digital presence, making the user experience more intuitive, nimble, and efficient. As a result, we’ve seen record engagement and better experiences for our partners—the intersection where high-impact journalism meets high-impact advertising. The combined development of innovative new advertising products and enhanced audience targeting capabilities empowered our brand partners to achieve their performance goals and drive ROI to achieve business goals.

Newsweek’s newly designed platform features uplifting and inspirational coverage of important issues. In partnership with the National Association for Urban Debate Leagues, Newsweek launched Mightier, a hub that showcases high school debaters as they master the skills necessary to sustain rigorous, respectful and honest give-and-take about things that matter. We’re proud to amplify the voices of these future leaders. Better Planet, launched with Kia as a brand partner, focuses on the critical importance of sustainability by building a community around the innovators and innovations leading the way to a healthier world. And Unconventional, launched in brand partnership with Northrop Grumman and the United States Marine Corps, explores personal stories of military life and examines the intersection of a new generation of military professionals and groundbreaking technology.

Behind all of these achievements is our team—the reason I’m so optimistic about the future. Newsweekers rose to the challenge of 2023; their adaptability and creativity helped us navigate a rapidly changing media landscape with agility and foresight.

Newsweek’s award-winning journalism exemplified the essence of fearless and responsible reporting: in an era where the pace of change is relentless and the nature of news is ever-evolving, our reporters remained steadfast in their pursuit of accuracy, relevance, and balance. Newsweek’s co-owners, advisory board and executive team are united around the goal of building a profitable and influential media company under the iconic Newsweek brand.

CEO Pragad: “Our mission goes beyond simply reporting the facts; it’s about creating a platform where diverse views are respected and dialogue is encouraged.”
Newsweek

To Team Newsweek: I am honored to lead such an extraordinary group of professionals. You are the architects of a legacy that continues to shape the world of journalism. Your passion, teamwork, and unwavering spirit define Newsweek, and your hard work and dedication fuel our journey forward. Thank you.

To our readers: Thank you for being a part of our journey. Your trust in us and your increasing engagement inspire us to keep pushing the boundaries of what is possible.

As we look ahead to the new year, I am filled with excitement and optimism. Here’s to another outstanding year with growth, innovation, and continued excellence in all that we do.