The Daily Beast to Continue Publishing

The Daily Beast lives on. According to well, The Daily Beast, the site will continue publishing, despite many rumors to the contrary. "The Daily Beast is not for sale and is not closing," wrote Rhona Murphy, interim CEO of The Daily Beast, in a memo to staffers. "IAC has approved in concept the operating budget for 2014." When the news broke that Tina Brown was departing the site, many people — including us — thought that the Daily Beast might be sold or shut down. However, things are apparently all good. And there were many statements to remind us of that. Here's one from managing director Deidre Depke: "The Daily Beast continues to grow at a robust rate and we are committed to bringing the business into a new era of strength and stability." And another from John Avlon, The Daily Beast's executive editor: "Our great team of writers and reporters keeps The Daily Beast on the cutting edge of digital news, delivering print quality at web speed." However, our favorite by far was from Barry Diller, who couldn't help but stick another fork in Newsweek during his praise of The Daily Beast: I want to extol Tina Brown. She created the Beast in 2008 from a blank page, and from the beginning until today it has grown in circulation and brand recognition, even throughout the two unfortunate Newsweek years. If you removed the failed experiment to revive Newsweek, the story of The Daily Beast is one of excellence in reporting, in design, and in digital distribution. Translation: "Man, everything is great! F*cking Newsweek. But yes, The Daily Beast is doing well! Man, mother*cking Newsweek."

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The Daily Beast to Continue Publishing

Chris O'Shea

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Chris O'Shea