Newsweek, Daily Beast merge begins

Laura Donovan Contributor
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The NewsBeast is ALIVE!

But it has problems aplenty, not the least of which is surviving Tina Brown’s star system — great if you’re enjoying most-favored reporter status and hell if you are not.

The inevitable result is staff discord, with many veteran Newsweekers feeling that they are being branded as stupid, old-media types — regardless of their credentials.

In the new joint venture, 92-year-old Sidney Harman is finally merging Newsweek with the Daily Beast, owned by Barry Diller’s IAC/InteractiveCorp.

The deal was finalized yesterday, nearly three months after it was first announced back on Nov. 12.

Full story: Now, the real work begins at Tina Brown’s NewsBeast