So What Does The Future Hold For The Newsweek Daily Beast Co?

Update: Yup, turns out staffers’ (and our own) speculating proved, unfortunately, correct. Mediaweek is reporting that Newsweek.com will shut down as part of the merger, even thought its audience is bigger than that of The Daily Beast. So The Beast? It got claws, yo:

The Beast is the survivor, said Stephen Colvin, the company’s new CEO, “Because the Daily Beast is a very credible and successful news and opinion Web site. And with great vitality and distinct voice.”

More news is rolling in regarding the mighty mutant that is the newly-spawned Newsweek Daily Beast Company.

The

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