Newsweek, Daily Beast Merger the New Face of New Media?

Popular culture website The Daily Beast and seminal news magazine Newsweek has announced plans to merge into one venture held equally by Sidney Harman and IAC. Known as The Newsweek Daily Beast Company, the merger will put Dr. Harman in the Executive Chairman position, IAC Chairman Barry Diller in much the same role, and a […]

Yahoo Stock Soars Amid AOL Merger Talks

On Wednesday Yahoo’s stock price rose by 13% after news that AOL was holding talks with a number of private equity firms to purchase the company. According to a report in The Wall Street Journal, a number of firms have approached AOL about a possible buyout of Yahoo.  Silver Lake Partners and Blackstone were two […]

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