Photo: 3 August 2010

Photo: August 03, 2010

The August 9 issue of Newsweek magazine is shown on a newsstand on August 2, 2010 in Chicago, Illinois. It was reported that Sidney Harman, the founder of Harman International Industries Inc. has signed a deal with the Washington Post Company for it's subsidiary Newsweek magazine on August 2, 2010. Newsweek is one of the top three newsweeklies in the US but as of 2007 has lost $44 million in operating costs. Getty Images / Daylife

Date Posted: 3 August 2010 Last Modified: 3 August 2010

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