Justice Crane's $1.5 Million Error: Rent Is Not a Contract Payment
IBT challenges Justice Melissa Crane's ruling that Newsweek repaid a $1.5 million debt through rent and third-party expenses, arguing the payments never satisfied the contract.
Newsweek Hit with 'Indemnity Costs' After UK High Court Finds It Abused Process
A UK High Court ordered Newsweek to pay more than £132,000 in indemnity costs after dismissing its attempt to wind up NW Publishing UK over a disputed debt.
IBT Media Inc. Notifies NW Media Holdings Corp. That Newsweek Transaction Was Never Consummated and Is Irrevocably Null
IBT Media Inc. claims NW Media Holdings Corp. never paid for Newsweek in a disputed 2018 deal, declaring the agreement null and asserting continued ownership of the brand and assets.
Newsweek's Great Misfire: How Dev Pragad's Smear Campaign Fell Apart
Federal authorities have cleared Olivet University of human trafficking allegations, raising questions about Newsweek's reporting and CEO Dev Pragad's role in driving the narrative.
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Judge Allows Defamation Suit Against Newsweek Reporter to Proceed Amid Allegations of Visa Fraud Conspiracy
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Legitimacy of Newsweek Ownership Thrown into Question
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Newsweek Media Group Will Work More Closely With Christian University, Founder Says
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Why Is The Manhattan DA Looking At Newsweek's Ties To A Christian University?
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Newsweek Media Group Chairman And Finance Director Step Down
The founder of the media company that owns Newsweek has stepped down as chairman two weeks after investigators raided the company's headquarters as part of a long-term financial fraud probe.
Christian Group With Ties To Newsweek Denies Role In Financial Probe
Olivet University said it had no "shared ownership interests" with Newsweek Media Group. Still, a number of the media company's top executives have longstanding ties to the school and its founder, pastor and businessman David Jang.
Manhattan DA Raids Newsweek Media Group Office In Long-Running Probe
The probe was likely looking at loans the company took out to purchase the servers. The investigation has been ongoing for at least 17 months, said a source.
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