Report: Newsweek to merge with Daily Beast

The Weekly Newsbeast? : The Other McCain
Newsweek and The Daily Beast will announce tomorrow morning that the two publications will merge, a source close to the deal tells The Observer. It will be a 50-50 Merger of the two companies. The editorial staffs will combine under the editorship of Tina Brown, who will again run a high-profile glossy. Newsweek owner Sidney Harman, 92, and IAC chairman Barry Diller had for weeks disagreed over an operating structure for the hybrid publication. The deal reached today establishes a Daily role for...

Daily Beast to merge with "Newsweek"
Depending on your political outlook and journalistic allegiances, you will either be delighted or saddened to learn that the website the Daily Beast is joining forces with the beleaguered Veteran news magazine Newsweek. In a posting yesterday on the Daily Beast website, editor-in-chief Tina Brown officially announced the Merger, noting that the new partnership will be known as The Newsweek Daily Beast Company. Brown will assume chief editorial responsibilities for both publications, an arrangeme...

Report: The Daily Beast And Newsweek Agree To Merge
Throughout the past few month there have been many whispers that embattled print weekly Newsweek and the red-hot (and well funded) website The Daily Beast were in talks about merging their two businesses. A lot of people thought it made sense, the marraige of a print behemoth (with solid ad revenue) and a hip and cool online entity with a proven editorial hall of famer in Tina Brown. Alas, as Ms. Brown said recently, the two entities could not agree to terms on a prenup and the talks died withou...

Newsweek and Daily Beast to merge
Newsweek magazine is merging with news website The Daily Beast, it has been announced. It will bring together one of US publishing's oldest names with one of its newest, under the stewardship of former Vanity Fair editor Tina Brown. She co-founded The Daily Beast two years ago and said the two companies would be a "powerful dual platform". Newsweek, established in 1933, was sold by the Washington Post to businessman Sidney Harman for $1 earlier this year. The new venture, The ...

Tina Brown: Newsweek Daily Beast An "Exciting" Marriage
Sidney Harman, Barry Diller The Newsweek Merger with The Daily Beast is pretty official, since Tina Brown acknowledged the news with a post on The Daily Beast, "What does this exciting New Media marriage mean? It means that 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. As for me, I shall...

Newsweek CEO First Casualty of Deal with Daily Beast
No sooner did the ink dry on the Newsweek-Daily Beast Merger, than it claimed its first casualty in what could be a tumultuous marriage between print and the Web. Newsweek CEO Tom Ascheim -- the Washington Post Co. holdover who had stayed on board after stereo mogul Sidney Harman bought Newsweek for $1 – was ousted the same day Newsweek and the Daily Beast announced they would be partners in a new joint venture. Harman was slated to address the Newsweek staff around noon. The on-again...

Daily Beast/Newsweek Merger to Be Announced Friday: Report
The Daily Beast and Newsweek will announce on Friday morning that they have agreed to a 50-50 Merger, with Beast founder Tina Brown serving as editor of both the website and the magazine, according to a report by the New York Observer. The Observer, citing a source close to the deal, reported that the agreement reached by Newsweek owner Sidney Harman and Barry Diller, chairman of Beast parent IAC, "establishes a Daily role for Mr. Harman and strong editorial independence for Ms. Brown." The Obse...

Observer Exclusive: Newsweek and Daily Beast to Merge
Newsweek and The Daily Beast will announce tomorrow morning that the two publications will merge, a source close to the deal tells The Observer. It will be a 50-50 Merger of the two companies. The editorial staffs will combine under the editorship of Tina Brown, who will again run a high-profile glossy. Newsweek owner Sidney Harman, 92, and IAC chairman Barry Diller had for weeks disagreed over an operating structure for the hybrid publication. The deal reached today establishes a Daily role f...

Newsweek Merges With Tina Brown's Daily Beast Website
Newsweek, the venerable but declining news magazine, has joined forces with the New Media by merging with the Daily Beast, a politics-oriented website co-founded by its celebrity editor, Tina Brown. Called the Newsweek Daily Beast Co., the joint venture was announced Friday by IAC, the Barry Diller company that owns the Daily Beast, which is less than two years old. Newsweek, a 77-year-old publication once ubiquitous on coffee tables from coast to coast, was purchased last summer by communicati...

Report: Newsweek and The Daily Beast To Merge
There’s finally a bit of good news for American journalism: the venerable newsmagazine Newsweek, which recently changed ownership, and the solid Internet reporting/analysis site The Daily Beast are going to merge — a case of the New Media and old Media giving each other what they need to (potentially) thrive and grow. The report comes after weeks of speculation that the two companies would merge, and reports that the deal was falling through. But now The New York Observer reports th...

Newsweek, Daily Beast in old media, new media marriage
Newsweek, the venerable but struggling US magazine sold for just one dollar three months ago, and two-year-old news and blog site The Daily Beast joined forces on Friday. Daily Beast founder and editor Tina Brown, the former editor of Tatler, Vanity Fair and The New Yorker, will head the New Media entity, to be called The Newsweek Daily Beast Co., Newsweek and The Daily Beast announced. The Washington Post sold 77-year-old Newsweek to California Billionaire Sidney Harman in August for a dollar...

Daily Beast, Newsweek reach deal to join
NEW YORK — Newsweek, a 77-year-old magazine that once helped set the national news agenda, is linking its future with a startup website just two years in the making. Three months after agreeing to buy the money-losing weekly for just $1, audio equipment Magnate Sidney Harman has completed on-again, off-again negotiations to merge it with The Daily Beast. It is not just a marriage between old and New Media. Harman will also be getting as an editor for Newsweek Tina Brown, who led both Van...

New Details Emerge on Newsweek-Beast Merger
Tina Brown met separately with the staffs of The Daily Beast and Newsweek today, just hours after a Merger between the two very different publications was completed. Details of the combined entity, to be known officially as The Newsweek Daily Beast Company, are beginning to emerge. The Observer broke the news last night that the deal was a go, in the form of a 50-50 joint venture between Beast boss Barry Diller and Newsweek's new owner, Sidney Harman. Employees of both companies learned of the...

Yippee, Daily Beast Swallows Newsweek
The Daily Beast and Newsweek are getting married. How fitting. The epitome of the new-age Left-wing journals which masquerades as quasi-news organization is acquiring (let's not kid around that it really is a Merger of equals) with the Dinosaur of Left-wing opinion journals which -- at least for the past decade -- has masqueraded as a news organization. As explained by Tina Brown of The Daily Beast: What does this exciting New Media Marriage mean? It means that The Daily Beast’s animal hi...

Newsweek and Daily Beast to merge
After months of public flirting, Newsweek and the Daily Beast have tied the knot at last. The companies announced Friday morning that they would merge their operations in a 50-50 joint venture between Newsweek owner Sidney Harman and The Daily Beast parent company IAC called The Newsweek Daily Beast Company. The move will bring together one of the oldest and most venerable print brands in the country, purchased recently from The Washington Post company by Harman near its darkest financial hour...

The Newsweek Daily Beast Company Is Born
Less than eight hours after the Observer broke the news that Newsweek was set merge with The Daily Beast, Tina Brown made the official announcement with a late night blog Post. "Some Weddings take longer to plan than others," Brown wrote. Talks between Newsweek and The Daily Beast began late this summer. According to Brown, the extended flirtation between the two publications came to an end "with a coffee-mug toast between all parties Tuesday evening." The deal was finalized Thursday night. ...

THE DAILY BEAST, NEWSWEEK MERGE
Some Weddings take longer to plan than others. The union of The Daily Beast and Newsweek magazine finally took place with a coffee-mug toast between all parties Tuesday evening, in a conference room atop Beast headquarters, the IAC building on Manhattan’s West 18th Street. The final details were only hammered out last night. What does this exciting New Media marriage mean? It means that The Daily Beast’s animal high spirits will now be teamed with a legendary, weekly print magazine i...

Daily Beast says it has reached agreement to join with Newsweek
NEW YORK — Newsweek, a 77-year-old magazine that once helped set the national news agenda, is linking its future with a startup website just two years in the making. Three months after agreeing to buy the money-losing weekly for just $1, audio equipment Magnate Sidney Harman has completed on-again, off-again negotiations to merge it with The Daily Beast. It is not just a marriage between old and New Media. Harman will also be getting as an editor for Newsweek Tina Brown, who led both Va...

Old Media, Meet New Media
It looks like we might see an announcement as early as tomorrow morning that Tina Brown will be heading up the newly merged Daily Beast/Newsweek. Newsweek and The Daily Beast will announce tomorrow morning that the two publications will merge, a source close to the deal tells The Observer. It will be a 50-50 Merger of the two companies. The editorial staffs will combine under the editorship of Tina Brown, who will again run a high-profile glossy. Newsweek owner Sidney Harman, 92, and IAC chair...

'Beast' talks on again
Big-name principals behind Newsweek and the Daily Beast have resumed Merger talks, insiders said late yesterday. Talks between the online news firm, owned by media mogul Barry Diller and led by Chairman and Editor-in-Chief Tina Brown, and Newsweek's new owner, Sidney Harman, broke down Oct. 18 amid reports Harman didn't want to cede power as an opinion leader. Sources at the time said Brown had insisted upon full editorial control of the combined newsroom. Now sources say that after a three...

Newsweek and The Daily Beast Combine
NEW YORK, Nov. 12, 2010 /PRNewswire-FirstCall/ -- Newsweek Magazine and The Daily Beast, an operating company of IAC (NASDAQ: IACI), announced today they have agreed to merge their operations in a joint venture to be owned equally by Sidney Harman and IAC.   The new entity will be called The Newsweek Daily Beast Company. The directors of the joint venture will include Dr. Harman as Executive Chairman, IAC Chairman Barry Diller, and one director each to be appointed from either side. Dr. Ha...

Newsweek and The Daily Beast combine forces
NEW YORK (CNN) -- Print media's flight to the Internet has picked up speed. Newsweek, the 77-year-old Veteran of American newsstands, will merge with The Daily Beast to form a new entity called The Newsweek Daily Beast Company. Email Print Comment The Daily Beast's editor-in-chief Tina Brown announced the Merger on the website Thursday night. Rumors of an impending partnership between the titles had circulated for some time. The deal "finally took place with a coffee-mug toast between all ...

Newsweek, Daily Beast in old-new media merger
A Newsweek magazine is displayed at a shop in Chicago, August 2010. Newswee... Newsweek, the venerable but struggling US magazine, and two-year-old news and blog site The Daily Beast joined forces on Friday in a marriage of print and pixels. Tina Brown, The Daily Beast founder and editor, will head the New Media entity, to be called The Newsweek Daily Beast Company, the two companies announced. The Washington Post sold 77-year-old Newsweek to California Billionaire Sidney Harman for one dollar...

Newsweek, Daily Beast Set Merger - WSJ.com
Newsweek magazine and news website the Daily Beast have agreed to a Merger that will make Daily Beast co-founder Tina Brown the editor-in-chief of the combined operation. Under the proposed agreement, expected to be disclosed Friday, the two news organizations will be combined in a 50-50 joint venture called the Newsweek Daily Beast Co. The deal comes three weeks after the two sides abandoned talks of a Merger over a disagreement about control. Sidney Harman, the 92-year-old stereo-equipment t...

Struggling Newsweek joins with fledgling Web site Daily Beast
The Daily Beast Web site and Newsweek Magazine will announce Friday that they are teaming in a joint venture aimed at giving the ailing newsmagazine some new-media energy and the fledgling Web site a modicum of old-media credibility. This Story Struggling Newsweek joins with fledgling Web site Daily Beast Poll: What would you name it? The combined entity, to be called the Newsweek Daily Beast Co., will be under the editorial direction of the Daily Beast's editor, Tina Brown, who was the top e...