Newsweek is an American weekly news magazine founded in 1933, and was widely distributed through the 20th century, with many notable editors-in-chief. In 1961 the magazine was acquired by The Washington Post Company and remained under its ownership until 2010. Between 2008 and 2012, Newsweek experienced financial difficulties, leading to the cessation of print publication and a transition to an all-digital format at the end of 2012. It was relaunched (print and digital) in 2014 under the ownership of IBT Media, which also owns the International Business Times, until it was spun off a few years later.