IBT Media

  • IBT Media Buys Newsweek From IAC

    IBT Media Buys Newsweek From IAC

    I guess today is the day for announcing the sale of struggling media properties: IBT Media just said that it has reached an agreement to acquire Newsweek from IAC. Back in 2010, Newsweek merged with IAC-owned website The Daily Beast. (The magazine subseqeuntly ceased print publication and went digital-only.) However, earlier this year, IAC Chairman Barry Diller said that buying Newsweek was… Read More