Tina Brown Reportedly Out at Daily Beast
Contract will not be renewed come January
Tina Brown, who sought to reinvent buzzy magazine journalism on the internet in the form of the The Daily Beast, and IAC have agreed to part ways.
According to a source with direct knowledge of the situation, The Daily Beast parent company IAC owned by media mogul Barry Diller does not plan to renew Brown's contract when it expires in January. The decision has been made for the two sides to part ways, said the source, but precise details of the separation are still being worked out. According to this source, Brown, who made her name among the power elite as the editor of Vanity Fair and The New Yorker, could end up taking the successful Women in the World conference with her as part of a severance agreement.
As for the future of The Daily Beast website that Brown edits, no decision has been made. Included among the options IAC is considering are a sale, closure, or continuing to operate it under a new editor. According to the source, the latter option would require "looking at the business to see if it can be turned around."
"The financials need to make some sense," this source said.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?