#WHO OWNS THE WEEK MAGAZINE FULL#

In August 2013, IBT bought Newsweek from Barry Diller at the low point of the once-venerable titleвЂ™s long decline. People like Caleb and Anne helped IBT, founded in 2006, become one of the worldвЂ™s largest online news sources, a network of websites whose media kit claims 40 million unique visitors each month. I wrote the sum, $1,280, on a napkin and slid it across the table.

#WHO OWNS THE WEEK MAGAZINE FULL#

I did a quick calculation of what heвЂ™d earn working full time at CaliforniaвЂ™s minimum wage. He told me between $500-their part of the rent for the group home they shared with 8 to 10 other Community members-and $1,000, depending on the month. вЂњThe pay isnвЂ™t bad,вЂќ Caleb said, as though daring himself to be wrong. Instead, he told me, he translated articles from English into Chinese for 10 to 12 hours each weekday, and commonly worked weekends. Caleb was enrolled at Olivet, but he rarely had time to study. They argued under their breath in a few clipped, Chinese sentences, and then he turned to me and said, вЂњWeвЂ™re working here illegally.вЂќДЇor the last year and a half, Caleb said, he and Anne had worked at Community ministries while living in San Francisco on visas they received for Caleb to attend Olivet University, a small Bible college Jang founded in 2004. вЂњTell him,вЂќ she said, pushing her husbandвЂ™s elbow and raising her chin in my direction. When he arrived, he shook my hand and, without meeting my eyes, sat beside his wife. We chatted with a mutual friend while we waited for her husband, Caleb, who also worked for a ministry: the International Business Times, the flagship publication of an eponymous online news company that would, nine months later, become the new owner of Newsweek magazine.Д¬aleb was running late because he was translating ObamaвЂ™s victory speech into Chinese for IBT, which publishes 11 editions in seven languages. She said she rarely had enough money for small luxuries like coffee. With short hair and large glasses, Anne was now in her late 20s but looked younger.

After joining the group in her late teens, Anne had spent more than seven years working in its ministries-organizations and businesses run by JangвЂ™s disciples. Anne worked part time and gave a large portion of her earnings to a group she called вЂњthe Community,вЂќ a Christian sect led by a charismatic Korean pastor named David Jang. Two days after Barack Obama won reelection, I met a young Chinese woman, whom I will call Anne, in the basement cafГ© at the San Francisco Public Library.

Who owns the week magazine