The Daily Beast and Newsweek Are Merging After All

They were talking. Then they weren’t. They were thinking about doing something together, but those were really just rumors. Well, the truth finally comes out. Newsweek and The Daily Beast are tying the knot. Daily Beast editor-in-chief…well, and now Newsweek EIC too…Tina Brown broke the news last night on her site.

The Daily Beast’s animal high spirits will now be teamed with a legendary, weekly print magazine in a joint venture, named The Newsweek Daily Beast Company, owned equally by Barry Diller’s IAC and Sidney Harman, owner (and savior) of Newsweek.

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