To be honest I have no idea who Newsweek were or are and if they stopped being the original group 7-8 years ago it hardly seems like you could maintain any brand loyalty if you were eroding it with wrong doing over that whole time.
These things seem germane to the discussion, though.
The organization that took over Newsweek did it with the intention to improve their own credibility by banking on the name, while removing all the people and processes that built that credibility in the first place. If it’s not an outright scam it’s certainly approaching it.
How would you assess the accuracy of that feeling without knowing or finding out about the facts being discussed? You're saying 'I know nothing about this at all but that isn't germane because the OP is giving me a disingenuous vibe'. It's a curiously strident, stridently incurious position.
The problem here is that many of you are projecting your own brand of morals on these deals, and many people may not share that perspective.