Staffers at Newsweek are anxiously waiting for the deal to close between IAC’s The Daily Beast and magazine owner Sidney Harmon. Until that happens — new reports say it will wrap up this month — rumors abound. Will magazine staffers keep their jobs or will another round of buyouts begin? How will Tina Brown make her mark on the newsweekly? In the last few months at The Beast, she’s poached Howard Kurtz and Robin Givhan from The Washington Post. Who’s next?
This story first appeared in the January 10, 2011 issue of WWD. Subscribe Today.