Here's Hoping That The Daily NewsBeast Works Out
The Daily Beast and Newsweek have officially completed their merger and Newsweek is now 50 percent owned by Barry Diller’s IAC, the parent company of The Daily Beast.
The news could not have come at a more interesting time: this morning, IAC reported its fourth-quarter results: IAC’s “media and other” division, which includes The Daily Beast (now The Daily Beast/Newsweek), CollegeHumor, Vimeo and more, lost $45 million, a 17% bigger loss than the year before.
The
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in