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Adria Media Group and Newsweek Announce Partnership Deal

NEW YORK, Dec. 17, 2014 /PRNewswire/ -- Newsweek LLC, the iconic newsweekly publication, continues to expand globally and has entered into its seventh exclusive international licensing deal with Adria Media Group (AMG).

AMG is the largest media house in the Western Balkans and announced today that it has entered into a partnership deal with IBT Media, the US-based international news company and parent to Newsweek LLC. Newsweek is a historically strong licensing brand and provides its readers with a powerful combination of news, culture and ideas. The publication is a symbol of quality journalism and is a regular source of information for political and business decision makers.

As a result of this partnership, AMG will launch and publish Newsweek Serbia. Etienne Uzac, Co-Founder, CEO of IBT Media states, "We are glad to partner with Adria on the launch of Newsweek Serbia and thereby extend Newsweek's brand footprint in Europe."

AMG is thrilled and honored to welcome Newsweek Srbija into its growing portfolio. "AMG is always looking for new challenges in the media sphere," said Aleksandar Rodic, CEO of AMG. "I am very pleased and honored to announce the signing of the long-term partnership deal with IBT Media and the launch of Newsweek Serbia – a magazine that offers award-winning reporting and commentary from some of the top writers in the world. This is just one more step forward into making AMG a real media leader in the Balkans, recognized by its innovative approach and introduction of the best media practices."

About Adria Media Group: Adria Media Group publishes magazines that inspire readers and contribute to their daily lives. AMG's portfolio consists of 36 print editions and 21 digital platforms. AMG has over 16 million readers and users. In addition to developing existing publications and their media extensions, AMG runs and develops new magazines and new projects. AMG brands include Kurir, Story, Men's Health, Cosmopolitan, Elle, National Geographic, and more. AMG was created in 2006 through a joint venture between Gruner & Jahr AG & CO and Sanoma Magazines International BV. For more information on AMG, please visit: http://adriamedia.rs.

About Newsweek:Newsweek is one the world's premier weekly news magazines. Newsweek has been a staple of American media for over 80 years, bringing high-quality journalism to millions of readers around the globe. Newsweek publishes print editions in Japanese, Korean, Polish, Spanish, Arabic, and Turkish, as well as an English language international edition, but is a primarily digital property available across platforms and devices. Newsweek provides in-depth analysis, news and opinion about international issues, technology, business, culture and politics. For more information, please visit www.newsweek.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/adria-media-group-and-newsweek-announce-partnership-deal-300011206.html

SOURCE IBT Media

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