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May 29, 2013

A Nation Mourns

Media Journal: Newsweek May Be Back on the Block Variety reports that

IAC has put Newsweek Daily Beast up for sale, shortly after the now all-digital publication relaunched to a new Web format. The writing may have already been on the wall for Newsweek, after IAC’s Barry Diller said earlier this year that the acquisition had been a “mistake” and a “fool’s errand if that magazine is a news weekly.” Sticker price is unlikely to be a concern for any would-be buyers—IAC took full ownership of the magazine last year for $1.
Hey, sell it for $2.00 and double your money!

Posted by gerardvanderleun at May 29, 2013 10:14 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

I'm a little tight this month but I could probably swing .50 if some of y'all want to go in with me.

Posted by: Jason in SD at May 29, 2013 12:44 PM

If some intelligent, wealthy conservative was clever, they'd buy Newsweek and turn it into a real news investigative magazine, take one topic a week and dig deep, find all they can and report it all.

Posted by: Christopher Taylor at May 29, 2013 12:48 PM

Posted by: Mikey NTH at May 29, 2013 6:27 PM

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