National Journal Grabs Talent From Newsweek; Sidney Harman and Barry Diller Inch Closer to a Deal

The National Journal announced this morning that Adam Kushner is coming on as deputy magazine editor. Mr. Kushner was most recently a senior editor and writer on the foreign desk at Newsweek and, until 2007, an editor at The New Republic. At TNR, Mr. Kushner took a special interest in the web, overseeing the relaunch of the magazine’s website. Mr. Kushner follows Newsweek Washington web editor Michael Hirsh, who jumped to the National Journal to work as a correspondent in August.

Meanwhile Sidney Harman and Barry Diller are still working to combine The Daily Beast and Newsweek, and Sharon Waxman hears that a partnership between the two might go through within the next week, pending financial details. Apparently Mr. Diller wants access to the revenue stream afforded by a print title, but that reasoning doesn’t really hold water in Newsweek‘s case. “The question is,” Ms. Waxman wrote last night, “Does one and one make three financially?”

Earlier this week, Newsweek promoted Rhona Murphy, who has been at the magazine since 2002 in different roles on the international business side, to the position of global publisher. Maybe Ms. Murphy has a plan to get cash flowing in the right direction, but it’s hard to imagine the magazine going anywhere without an editor leading the team and replacing some of the talent.