IBT Media's Newsweek has claimed it's first profit since it was relaunched two years ago.
In 2012, Newsweek was closed.
In March 2014, the title returned to print with a dedicated European edition.
In early 2015, the London-based print team experienced a staff cutback.
However, more recently Newsweek's editorial team has grown to a total of 12, with a focus on online.
The fourth quarter of 2015 was the first profitable period for Newsweek, according to IBT Media.
Advertising revenue is said to be up 327% year on year, and overall revenue is said to be up 90% in the same period, according to IBT Media.
"By investing in the industrys best editorial staff we are fulfilling a growing demand for excellent journalism, allowing us to increase subscriptions and gain new readers. Maintaining Newsweeks reputation for high-quality content has enabled us to greatly increase our online and print audiences. said Matt McAllester, Newsweek Europe editor.
