Online spirit now to be captured in print
December 1, 2010 § Leave a comment
The Daily Beast is owned by IAC, which is considered a company operated in the “Internet Services and Retailing Sector.”
In addition to The Daily Beast, IAC owns many popular websites, including reference sites Ask.com and Dictionary.com. Also the company owns video sites, College Humor and Vimeo, and Match.com.
For the most part, The Daily Beast is the only website that the company owns that provides news. Other sites offer services or host information. The Daily Beast is the only “online magazine” owned by IAC.
Though The Daily Beast originally existed as a standalone online magazine, but a recent “media marriage” with Newsweek means The Daily Beast is getting its own ancillary product of sorts. The creation of The Newsweek Daily Beast Company means that it is now equally owned by IAC and Newsweek.
Editor-in-chief, Tina Brown will now preside over both. The changes will mean that the spirit of this online magazine will now exist in print.