Company type | Joint venture |
---|---|
Industry | Newspapers |
Genre | media |
Founded | November 2010 |
Defunct | November 2013 |
Key people | Baba Shetty, CEO[1] |
Products | Newsweek, The Daily Beast (until 2013) |
NewsBeast was an American media company, and owner of Newsweek and The Daily Beast. It was established in 2010 as a merger between the two media outlets. The company was owned by IAC/InterActiveCorp and the estate of Sidney Harman, with Stephen Colvin of The Daily Beast as CEO. In August 2013, IBT Media acquired Newsweek, leaving The Daily Beast under the management of The Newsweek Daily Beast Company, which today operates as a subsidiary of IAC.[2]