Harman Family to Keep Stake in Newsweek

When news of Sydney Harman passing away broke early yesterday, the first question on everyone’s mind was “What’s going to happen to Newsweek?” It appears not much will change, at least for now, because The New York Times is reporting that the Harman family will keep its stake in the faltering title.

Barry Diller, Harman’s partner, will assume Harman’s role in the Newsweek/Daily Beast Company, and with the family vowing not to give up, the next step is to find a person to fill Harman’s place on the company’s board.

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