Sidney Harman, who made his money on the harmon/kardon speaker brand, has bought Newsweek from the Washington Post Co., the New York Times and others report. Harman, 91 and soon to be 92, is married to California Congresswoman Jane Harman, who represents parts of the South Bay and chairs the influential House Intelligence subcommittee.
*Update: Jack Shafer at Slate has collected several attempts at humor, posted on Twitter, about the $1 purchase price (the deal is more complicated than that, of course). Harman's age is the lowest of the low-hanging fruit. For instance: @dan_mccleary Sidney Harman is 90. Maybe he thinks he is buying a Newsweek subscription.