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The turmoil is taking a toll on the company's business side. The Newsweek Media Group, which owns Newsweek as well as the International Business Times, has lost hundreds of thousands of dollars in ad commitments since reports emerged that it bought traffic in order to hit business goals, a senior advertising executive who has worked with the magazine told NBC News. The Manhattan district attorney is reportedly investigating the finances of the Newsweek Media Group, which is privately held.
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https://www.nbcnews.com/news/us-news/newsweek-disarray-journalists-ad-dollars-leave-n845706?cid=par-xfinity_20180208