The Wall Street Journal is reporting that talks between The Daily Beast and Newsweek have cratered. The two companies had been discussing a deal to make Tina Brown editor of Newsweek. But details couldn’t be worked out surrounding the division of power between Brown, new Newsweek owner Sidney Harman, and Barry Diller, who’s chairman of Daily Beast owner IAC. Harman recently purchased Newsweek from the Washington Post Co. for the sum of $1.
By THE DEADLINE TEAM | Monday October 18, 2010 @ 12:01pm PDTTags: Barry Diller IAC, Magazines, Newsweek, Sidney Harman Newsweek, The Daily Beast, Tina Brown, Tina Brown Newsweek, Wall Street Journal
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