Tina Brown: 'We Won’t Make Money for Another Couple of Years'

Tina Brown said something, so FishbowlNY is obligated to make sure everyone in New York knows about it. Brown told “Nightline” that Newsweek/The Daily Beast most certainly did not lose $30 million last year, but offered little to be excited about for the immediate future.

“We are certainly not losing that amount, but we aren’t making money yet and we won’t make money for another couple of years, but we will as long as we can build the brand back up again,” said Brown. Yikes.

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