March 6, 2011 -- Tina Brown revealed the first look at the newly redesigned Newsweek magazine this morning on "This Week with Christiane Amanpour."
The new cover features United States Secretary of State Hillary Clinton in the magazine's special edition, "150 Women Who Shake the World."
Brown, who previously captained Vanity Fair and the New Yorker magazines, took over the flailing news-weekly in November when it merged with her website, The Daily Beast, which launched in October 2008. Brown is now the editor in chief of both the Daily Beast website and the new Newsweek.
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Newsweek, the 77-year-old magazine that fought neck and neck for decades with Time magazine for dominance in the once-lucrative news-weekly magazine market, has struggled financially in recent years along with many other once-dominant publications.
Last May, the magazine's longtime owner, the Washington Post Company, put it up for sale. 92-year-old mogul and philanthropist Sidney Harman bought Newsweek and lured Brown to the top spot.
Although Brown is one of the most highly respected magazine editors in the world, her legendary 35-year career has not been without the occasional disappointment, such as the much-heralded but short-lived Talk magazine - which also featured Hillary Clinton on the front cover of its first issue. Breathing new life into Newsweek will be perhaps her greatest challenge.
Brown, also the author of "The Diana Chronicles," a biography of the late Diana, Princess of Wales, moved to America from her native Britain to edit Vanity Fair and later become a US citizen. Later this month Brown will be hosting the second annual Woman in the World Summit in New York City, an invitation-only event that will bring together powerful people across multiple disciplines.
Speakers will include former President Bill Clinton, Melinda Gates, New York City mayor Michael Bloomberg, and Secretary of State - and Newsweek cover girl - Hillary Clinton, among others.