NewsBeast, Union Agree to Deal on Staffing Issues

The merger between Newsweek and The Daily Beast is one step closer to completion. The two companies have hammered out staffing issues that will add some 36 Beast employees to Newsweek’s union and raise certain employees’ pay accordingly. But for Newsweek, the pact is likely to mean widespread buyouts.
 
The agreement, announced Thursday by the Newspaper Guild of New York, which represents about 90 Newsweek editorial staffers, resolves issues that had been holding up completion of the merger of the 76-year-old newsweekly and Web upstart, which was announced Dec.