Malcolm Muir
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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 does not hesitate to express. And all the way through, we hope you will discover it is 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 of a stomach disease and old age.
[edit] References
- "Corporate History: Development". McGraw-Hill: About Us. http://www.mcgraw-hill.com/aboutus/history_development.shtml. Retrieved on June 1, 2005.
- "A Time to Celebrate". BusinessWeek Online. http://businessweek.com/magazine/content/04_41/b3903016.htm. Retrieved on June 1, 2005.
