[abb]

It looks as if after the merger, the only thing that will be left of Newsweek will be the cover page.

[abb]

ping

[Darkwolf377]

The Daily Beast, agreed this week to enter into a 50-50 venture that would pair it with Newsweek.

So how does this work, Diller has to come up with .50 cents?

[abb]

Harmon probably had to pay him to take it.

[Vaquero]

do they still use linotype....because when they take that final crap, I sure could use some linotype to melt down for hard cast .44 magnum loads....

That would be fitting.

[Thebaddog]

I hope they retain that fantabulous Conventional Wisdom page. I read that religiously to see how to dress every day. Megan McCain has to be their BFF.

[mewzilla]

...some of the nearly five million unique visitors Newsweek clocks each month.

Snort. How nearly? And according to whom?

Note to advertisers: Trust but verify :)

[sodpoodle]

http://www.kenauletta.com/barrydiller.html

Barry Diller was Rupert Murdoch’s FOX Chair. Good article for insight on this guy.

[The_Media_never_lie]

When asked about possible job cuts on Friday, Ms. Brown said, “We’re going to have to look at the whole business model, the whole editorial model, and we’ll have to make our assessments.”

If they want to make money, they might have to go conservative.

[HangnJudge]

FreeRepublic has ~ 1.5 million viewers / month
According to quantcast

and is drastically more informative

[catnipman]

“Mr. Diller became increasingly enamored with the idea of idea of coupling his two-year-old start-up with one of the most established brands in print journalism.”

So, what do you suppose was the most established brand of buggy whip when they quit making them? Just asking.

[catnipman]

“We realized that there was much more that connected us than separated us.”

Indeed. Both are losing money hand over fist from business models that don’t work.

[catnipman]

“Newsweek.com will cease to exist after the merger, and anyone who types the URL into their browser will be redirected to TheDailyBeast.com, Mr. Colvin said. ... by rolling Newsweek.com into The Daily Beast, they could hope to absorb some of the nearly five million unique visitors Newsweek clocks each month. ... The Daily Beast’s traffic growth has slowed ... to more than two million a month”

Oh yeah, that’s gonna work out real well. You think more than a few hundred of the old folks that might go to newsweek.com are really gonna love being redirected to a web site called Daily Beast? There’s a reason there’s only two million hits a month at Daily Beast. And you know what the really weird thing is about all of this? Why are they nuking newsweek.com if the brand is “one of the most established brands in print journalism.”?