(1885 - January 30, 1979
in New York City
) was a U.S. magazine industrialist
. He served as president of McGraw-Hill Publishing
from 1928 to 1937. During his tenure as president, he helped create BusinessWeek
magazine in 1929, the same year that McGraw-Hill stock was publicly traded for the first time. He also served as the editor-in-chief
magazine between 1937 and 1959.
The first issue of The Business Week
, the original title of BusinessWeek
, was published on September 7, 1929, a mere seven weeks before the stock market crash that signalled the beginning of the Great Depression
. Muir is quoted as saying: "The Business Week
will never be content to be a mere chronicle of events. It aims always to interpret their significance... The Business Week
always has a point of view, and usually a strong opinion, both of which it does not hesitate to express. And all the way through, we hope you will discover it is possible to write sanely and intelligently of business without being pompous or ponderous."
After 1937, Muir was responsible for changing the four-year old News-Week
magazine's name to Newsweek
and introducing international editions. He was named honorary chairman of the board when the Washington Post Company
bought the magazine in 1961.
He died in 1979 in Manhattan
of a stomach disease, pneumonia and old age.