Foreign Policy bought by Washington Post

Foreign Policy magazine has been acquired by the Washington Post Company. Washington Post editor and foreign correspondent Susan Glasser will join the magazine as executive editor,

“Foreign Policy is a terrific magazine, and I’m pleased it will become a part of our company,” said Donald E. Graham, chairman and chief executive officer of The Washington Post Company, in a statement. “We are committed to great magazine journalism, and I hope Foreign Policy will also become one more center of innovation that helps us expand our journalism in the online arena.” link

Although Moises Naim, current FP editor and publisher, adds somewhat hopefully given the current economic climate and general misery in print media,

“In an era in which too many newspapers and magazines are retreating from international news, The Washington Post Company is smartly bucking the trend.” link