The Economist is an international weekly newspaper printed in magazine-format and published digitally that focuses on current affairs, international business, politics, and technology. Based in London, the newspaper is owned by The Economist Group, with core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In August 2015, Pearson sold its 50 percent stake in the newspaper to the Italian Agnelli family's investment company, Exor, for £469 million (US$531 million) and the paper re-acquired the remaining shares for £185 million ($206 million). In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across their social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and analysis over original reporting, to both criticism and acclaim .