Newsweek To Merge With Daily Beast
(BBC) — 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.
