'''Newsweek''' is a weekly newsmagazine, started in 1933. It is perhaps most famous for its now-debunked article<ref>http://cc.msnscache.com/cache.aspx?q=73468878919023&mkt=en-US&setlang=en-US&w=95b64c1e,e7f82192&FORM=CVRE</ref> about an incident at [[Guantanamo Bay]] in which a [[Koran]] was allegedly flushed down the toilet. The story was eventually proved false, and ''Newsweek'' was harshly criticized for it.
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[[File:Newsweek logo.jpg|right|250px]]
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'''Newsweek''' is a weekly newsmagazine, started in 1933. It is perhaps most famous for its now-debunked article<ref>[http://www.wnd.com/news/article.asp?ARTICLE_ID=44923 Debunking another Gitmo myth]</ref> about an incident at [[Guantanamo Bay]] in which a [[Koran]] was allegedly flushed down the toilet. The story was eventually proved false, and ''Newsweek'' was harshly criticized for it.
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The criticism stemmed from the fact that ''Newsweek'' enjoys a nationwide audience and some degree of respect as a member of the newsmedia, and as such is expected to maintain a certain level of factual accuracy.
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The criticism stemmed from the fact that ''Newsweek'' enjoys a nationwide audience and some degree of respect as a member of the [[Mainstream Media]], and as such is expected to maintain a certain level of factual accuracy.
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The Washington Post Company announced on May 5, 2010 that it is putting ''Newsweek'' up for sale because the company can foresee no path to profitability for the money-losing magazine. The Post's magazine group, of which Newsweek is the biggest piece, lost $29.3 million in 2009 after losing $16.1 million the previous year. <ref>[http://www.washingtonpost.com/wp-dyn/content/article/2010/05/05/AR2010050502285.html Washington Post Co. puts Newsweek magazine up for sale]</ref>