The Daily Beast will live to see another year—but beyond that is anyone's guess.
"The Daily Beast is not for sale and is not closing," interim CEO Rhona Murphy said in a statement Friday. "[Parent company] IAC has approved in concept the operating budget for 2014."
After news broke last week that editor Tina Brown wouldn't renew her contract with the Beast when it expires at the end of the year, the site's outlook was less than certain.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
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