Reuters, Politico line up for Newsweek

Pat McMahon Contributor
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It has been only a week since Washington Post Co.’s chairman, Donald Graham, announced that Newsweek was on the block, but already a few big media players are taking an early look at the newsweekly.

Thomson Reuters and Politico owner Allbritton Communications have expressed interest out of the gate, according to people familiar with the situation. Rupert Murdoch’s News Corp. has also taken a look, though a spokeswoman said, “Not us” when asked about being on the short list. Newsweek editor Jon Meacham also said he would consider trying to pull together an offer with investors.

People involved with the Newsweek sale cautioned that it’s incredibly early and that rich folks tend to congregate around big media properties, but that doesn’t mean they’re close to drawing up an offer sheet.

Full story: Reuters, Politico Line Up for Newsweek | The New York Observer