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Newsweek and Daily Beast to Merge (Smug foreigner Tina Brown to be named Editor)
NY Observer ^ | 11/11/10 | Nick Summers

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 ...


TOPICS: News/Current Events
KEYWORDS: newsweak; newsweek; thedailybeast; tinabrown

1 posted on 11/11/2010 7:26:02 PM PST by jimbo123
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To: jimbo123

$1/each or $1.50 for both?


2 posted on 11/11/2010 7:27:25 PM PST by 2ndDivisionVet (Every decent man is ashamed of the government he lives under. ~Mencken)
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To: jimbo123
Wow. Newsweek, once I remember, quite some decades ago, was a reasonably respected magazine.

Now it is part of "The Daily Beast".

How things change.

3 posted on 11/11/2010 7:30:04 PM PST by Lazamataz (Pelosi: Like a rapist, PROUD of their handiwork.)
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To: jimbo123
The editorial staffs will combine under the editorship of Tina Brown, who will again run a high-profile glossy...

...straight into the ground.

But all her friends will continue to remark on her brilliance...

4 posted on 11/11/2010 7:30:51 PM PST by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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To: 2ndDivisionVet

Plus a free Blow Job from Tina Brown!


5 posted on 11/11/2010 7:36:13 PM PST by Anti-Bubba182
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To: jimbo123

The Daily News Beast


6 posted on 11/11/2010 7:37:19 PM PST by smokingfrog (Because you don't live near a bakery doesn't mean you have to go without cheesecake.)
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To: jimbo123

So, if you tie two sinking ships together, do they sink a little bit slower?


7 posted on 11/11/2010 7:37:42 PM PST by festusbanjo (The Tea Party is what the Republicans used to be, the Democrats are what the Soviets used to be.)
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To: jimbo123
She did such a bang up job with the New Yorker that the Snoozeweak people better polish their resumes.


8 posted on 11/11/2010 7:39:23 PM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: jimbo123

This thing is sure to sink quicker than the Titanic!


9 posted on 11/11/2010 7:39:36 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: jimbo123

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.


10 posted on 11/11/2010 7:41:50 PM PST by Cicero
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To: Anti-Bubba182

LOL!


11 posted on 11/11/2010 7:43:21 PM PST by SIDENET ("If that's your best, your best won't do." -Dee Snider)
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To: jimbo123

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.


12 posted on 11/11/2010 7:45:28 PM PST by BunnySlippers (I love BULL MARKETS . . .)
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To: Anti-Bubba182

Trust me...it isn’t worth it.


13 posted on 11/11/2010 7:50:09 PM PST by clintonh8r ("Let them eat lobster cake." Michele Antoinette, vacation #6.)
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To: jimbo123

I’ve heard Tina is a real mean woman to work for.


14 posted on 11/11/2010 7:50:23 PM PST by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: Anti-Bubba182

You’ve overpaid.


15 posted on 11/11/2010 7:53:05 PM PST by perfect_rovian_storm (The worst is behind us. Unfortunately it is really well endowed.)
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To: jimbo123

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.’


16 posted on 11/11/2010 7:54:12 PM PST by AnAmericanMother (Ministrix of ye Chasse, TTGC Ladies' Auxiliary (recess appointment))
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To: AnAmericanMother
and come out with the Virgin Mary..
Having been through a couple of these desperation mergers I know what you mean. It is amazing what otherwise fairly smart guys will talk themselves into when they are cornered.
17 posted on 11/11/2010 8:03:18 PM PST by Old North State (Don't blame me, I voted for Pedro)
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To: AnAmericanMother

You don’t think combining liberal stodgy with liberal snarky will form a winning combination?


18 posted on 11/11/2010 8:11:48 PM PST by mas cerveza por favor
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To: Lazamataz

“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 :/


19 posted on 11/11/2010 8:12:20 PM PST by ari-freedom (Islam is at war against America, while America is at the mall.)
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To: ari-freedom

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.


20 posted on 11/11/2010 8:19:49 PM PST by Oldexpat
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To: jimbo123

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!


21 posted on 11/11/2010 8:53:26 PM PST by catnipman (Cat Nipman: Made from The Right Stuff!)
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To: abb
Brown Clown BeastWeek LoidDroid Ping
22 posted on 11/11/2010 10:12:28 PM PST by Zakeet (Like the wise Wee Wee said, "We can't be broke ... we still have checks in the checkbook.")
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To: catnipman

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 (!).

NEWSBOY
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?
http://nymag.com/news/media/69126/

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?


23 posted on 11/11/2010 10:13:40 PM PST by realr
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To: jimbo123

The old captain of the Titanic has been fired and Captain Ahab is taking over. Now let’s go harpoon some whales, shall we?


24 posted on 11/12/2010 6:41:42 AM PST by sergeantdave
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To: sergeantdave

This thing is headed straight to the bottom with Meagan McCain as one of their featured writers.


25 posted on 11/12/2010 7:35:18 AM PST by Beaten Valve
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