Though the newsweekly was purchased by another group , Ruddy said that if he had purchased the newsweekly he would not have changed its editorial direction , focusing instead on its business model .
In July 2010 , Newsmax made an unsuccessful bid for Newsweek .
Though the newsweekly was purchased by another group , Ruddy said that if he had purchased the newsweekly he would not have changed Newsmax 's editorial direction , focusing instead on its business model .
In July 2010 , Newsmax made an unsuccessful bid for Newsweek .