By Katerina Matsa
On Tuesday, May 28, Variety reported that IAC, Barry Diller\’s media and internet company, is considering selling Newsweek. It would be the magazine\’s second sale within a three-year period that included a merger with The Daily Beast and the decision to cease publishing a print edition. Editor-in-chief Tina Brown confirmed this in a memo on Wednesday, May 29. \”Newsweek is a powerful brand,\” she wrote, \”but its demands have taken attention away from The Daily Beast.\”
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