Novynar was first published in August 2007.[2] Its website was also launched on the same date.[2] It was established as a quality alternative to Russian language news magazines in the country.[3]
The magazine was part of the KP Media which also owned Kyiv Post[4] and 15 Minutes, a metro daily.[5] The publisher was an American businessman, Jed Sunden.[6] It was published weekly in Kyiv.[7]
The KP media reported the initial circulation of Novynar as 15,000 copies in August 2007.[3]
Novynar ceased publication in November 2008 due to financial problems faced.[8][9] Sunden also closed 15 Minutes the same year and sold Kyiv Post to a British businessman, Mohammad Zahoor, in July 2009.[5]
^ abNatalya Ryabinska (November–December 2011). "The Media Market and Media Ownership in Post-Communist Ukraine". Problems of Post-Communism. 58 (6): 3–20. doi:10.2753/PPC1075-8216580601. S2CID155910833.