After a series of on-again, off-again talks, Newsweek is merging with The Daily Beast, the IAC-owned online news site run by Tina Brown. The new joint venture will take the ungainly name of the Newsweek Daily Beast Company. Last August, the Washington Post Company sold Newsweek for $1, plus the assumption of $40 million in debt, to stereo tycoon Sydney Harman.
Now Barry Diller is getting his… → Read More
While Nicholas Negroponte earlier this month claimed that the physical book would be dead in five years, the more generous folks at Newsweek still think that the book has some fight left.
Putting forth such vague statements such as “quality… → Read More