Newsweek/Daily Beast Deal Still In The Works

Most companies witness a slowdown in operations around the holiday season and Newsweek and The Daily Beast are no exception to the rule.  After announcing plans for a merger in November the two brands have not yet finalized their partnership and, according to Keith Kelly, Newsweek owner Sidney Harman is aiming for mid-January as the date to seal the deal.

The main culprits for the delay are legal issues and paperwork, two factors that are taking their toll on the Newsweek staff. 

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