weekly newsmagazine published in New York City, one of the highly influential “big three” of American (United States) newsweeklies. It was founded in 1933 by Thomas J.C. Martyn, a former foreign-news editor of Time, as News-Week. It borrowed the general format of Time (founded 1923), as did Raymond Moley's Today magazine—with which News-Week merged in 1937, removing the hyphen from its name. The early Newsweek offered a rather drab survey of the week's news with signed columns of analysis. After World War II it grew livelier, and it became even more so after its purchase in 1961 by Washington Post publisher Philip L. Graham. By the start of the 21st century, Newsweek, like its rival Time, had retreated somewhat from hard news, infusing its issues with more celebrity and consumer-oriented coverage. Still, Newsweek has a strong reputation for accurate, brisk, and vivid reporting of news events and for the care it exercises to report objectively. Like Time, it presents all the news in terse summary form, organized by departments and giving careful attention to the arts and sciences, business, religion, and sports.