Skip to comments.Newsweek and Daily Beast to Merge (Smug foreigner Tina Brown to be named Editor)
Posted on 11/11/2010 7:25:52 PM PST by jimbo123
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.
(Excerpt) Read more at observer.com ...
$1/each or $1.50 for both?
Now it is part of "The Daily Beast".
How things change.
...straight into the ground.
But all her friends will continue to remark on her brilliance...
Plus a free Blow Job from Tina Brown!
The Daily News Beast
So, if you tie two sinking ships together, do they sink a little bit slower?
This thing is sure to sink quicker than the Titanic!
I presume that The Daily Beast took its name from Evelyn Waugh’s comic novel, “Scoop.” I suppose they consider it kind of an in joke. But I don’t think Waugh would be amused by this appropriation. It’s really not very funny.
Very, very interesting.
This morning I read with interest an article on Daily Beat about how Michelle Obama in India wore more fashionable clothes than Jackie Kennedy.
Trust me...it isn’t worth it.
I’ve heard Tina is a real mean woman to work for.
This reminds me of when Southern Airways merged with North Central Airlines to form Republic (remember them?) An aviation lawyer of my acquaintance said that thinking you could put those two airlines together and get a quality product ‘was like thinking you could put two hookers in a sack, shake ‘em up, and come out with the Virgin Mary.’
You don’t think combining liberal stodgy with liberal snarky will form a winning combination?
“Wow. Newsweek, once I remember, quite some decades ago, was a reasonably respected magazine.
Now it is part of “The Daily Beast”.”
actually this will now make Newsweek a bit more reasonable :/
It has been years since I picked up a Time or Newsweak magazine even in the Dr. office..for free. Time was considered conservative in my early years. So she can take her rags and use them where the sun doesn’t shine. Then she can head back to wherever she came from.
Guess Newsweak’s continued circulation losses didn’t improve after Harmand bought it in August if they’re gonna turn the magazine into a website, hey? Same thing just happened to U.S. News & World Report a couple of weeks ago.
Two more lib rags now have the same status as a thousand gazillion other websites! Pretty soon this is gonna happen to the entire leftist media publishing apparatus: they’re all gonna be reduced to just some web sites competing with the other bazillion web sites. Guess that will leave only the Wall Street Journal as last publisher standing!
This is quite a turn from two weeks ago, when the deal floundered & was given up for dead.
Read New York Magazine’s excellent article about the three principals involved: Sidney Harmon, Tina Brown, and Barry Diller (!).
Looking for one last turn in the spotlight, 92-year-old Sidney Harman paid his dollar for Newsweek. And Tina Brown was all set to dance. So why did it fall apart?
Sidney Harmon is a 92-year old billionaire audiophile, whose late-in-life decision to purchase a national magazine took everyone by surprise, including his wife Jane Harmon. Barry Diller is a supreme deal maker. Tina Brown is, well, Tina Brown, who took over the New Yorker for awhile but left in less than perfect circumstances. All three of them are part of the “East Coast Elite”, or media elite if you will, who go to the same parties, and regard us Americans as “little people”.
I am actually charmed by a 92-year old taking this on. But, according to the October 25 2010 article referenced above, Sidney Harman shut the deal off because he did not have firing authority over Tina Brown, and felt outmanoeuvered by Barry Diller. Effectively, he would have little editorial input, which takes the fun out of it. At 92 I don’t think he was doing this as an investment vehicle. Which New York Mag estimates is going to lose $25 million next year!
OTOH there seem to be few editors who want to take this on, so Sidney Harmon’s options may have appeared limited. It will be interesting to see who has ultimate editorial power.
Finally, it remains a mystery to me why so many “main stream” media companies write only for the left / liberal consumer, even in the face of daunting losses. I guess it is “not their money”, but you would think that, after years of losing money tacking left, they might try writing articles that criticize democrats, and herald rising stars in the conservative and Republican camps.
You would think.
So let’s see who has editorial control: Tina Brown, or Sidney Harmon?
The old captain of the Titanic has been fired and Captain Ahab is taking over. Now let’s go harpoon some whales, shall we?
This thing is headed straight to the bottom with Meagan McCain as one of their featured writers.