Adweek is reporting that Tina Brown will not stop until she conquers the world. Or something close to that, at least. The latest rumor to emerge out of the Newsweek/Daily Beast merger is that as time goes on, it’s looking less like a merger and more like a takeover. Newsweek has already lost a lot of its staff, and now those that are still there are being offered buyouts. The result, according to an unnamed source at the magazine, is chaos:
Everyone is sitting around waiting for the buyout money. The place is like a ghost ship [with] nobody at the rudder. Beast people aren’t running it yet, and Newsweek people have mentally checked out.
Not exactly the best way to start.