Newsweek Expands to Eight International Editions Under New Licensing Agreement
Newsweek LLC, the iconic newsweekly publication, is continuing to expand globally through an exclusive licensing partnership with ARY Digital Network to publish Newsweek Middle East, a localized newsweekly magazine that will be printed in English and Arabic.
"Newsweek represents high quality journalism, and there is global demand for that," said Etienne Uzac, Co-Founder and CEO of IBT Media, parent company of Newsweek LLC. "We are thrilled to partner with ARY Digital Network to launch Newsweek Middle East and continue to build the Newsweek brand in the Middle East."
A historically strong licensing brand, Newsweek has already established international editions through foreign licensing partnerships to meet the growing global demand for Newsweek. Newsweek Middle East will be the eighth international edition; other international editions are distributed in Japan, South Korea, Latin America, Montenegro, Poland, Serbia and the United Kingdom. ARY Digital Network is one of the world's fastest growing satellite networks, which includes bilingual news channel ARY News, and this partnership marks the company's entry into print media. Empirical Media, which pursues and facilitates foreign license partnerships to publish Newsweek in targeted markets, served as an advisor in the formation of Newsweek Middle East.
"I am very pleased to announce this long term partnership with IBT Media and the launch of Newsweek Middle East," said Salman Iqbal, Founder and CEO of ARY Digital Network. "Newsweek Middle East will be published in English and in Arabic with region specific content, offering award-winning reporting and commentary from some of the top writers in the Middle East and the world."
The first issues of Newsweek Middle East will be available in Saudi Arabia, Kuwait, Oman, Qatar, United Arab Emirates and Bahrain. The English version is anticipated to launch by June 2015 followed by the Arabic version.
