Everything about Malcolm Muir totally explained
Malcolm Muir (
1885 –
1979) was a
U.S. magazine industrialist. He served as president of
McGraw-Hill Publishing from
1928 to
1937. During his tenure as president, he helped create
BusinessWeek magazine in
1929, the same year that McGraw-Hill stock was publicly traded for the first time. He also served as the
editor-in-chief and
president of
Newsweek magazine between
1937 and
1959.
The first issue of
The Business Week, the original title of
BusinessWeek, was published on
September 7,
1929, a mere seven weeks before the stock market crash that signalled the beginning of the
Great Depression. Muir is quoted as saying: "
The Business Week will never be content to be a mere chronicle of events. It aims always to interpret their significance...
The Business Week always has a point of view, and usually a strong opinion, both of which it doesn't hesitate to express. And all the way through, we hope you'll discover it's possible to write sanely and intelligently of business without being pompous or ponderous."
After
1937, Muir was responsible for changing the four-year old
News-Week magazine's name to
Newsweek and introducing international editions. He was named honorary chairman of the board when the
Washington Post Company bought the magazine in
1961.
He died in February
1979 in
Manhattan.
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