HOW THIS ALL WENT DOWN

Sidney Harman Tina Brown

A Brief History of the Sidney Harman Era at Newsweek, Which Is Now Over

Remember that time Newsweek magazine was put up for sale by The Washington Post and then “saved” by then-91-year-old stereo magnate Sidney Harman (of the wonderful line of audio/visual products Harman + Kardon)? Well, less than two years ago, that actually happened. Now, that era is over, as the Harman family is done investing in Newsweek. As a result, IAC is now a majority owner, with a print publication on its books. How, exactly, did any of this happen in the first place? Read More

Media

Observer Exclusive: Newsweek and Daily Beast to Merge

Newsweek and The Daily Beast will announce tomorrow morning that the two publications will merge, a source close to the deal tells The Observer.

It will be a 50-50 merger of the two companies. The editorial staffs will combine under the editorship of Tina Brown, who will again run a high-profile glossy.

Newsweek owner Sidney Read More