TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook GalleyCat UnBeige MediaJobsDaily

Barry Diller Admits Buying Newsweek Was a Mistake

The “Most Honest And Unintentionally Depressing Answer Of The Day” award goes to Barry Diller, IAC’s chairman. In an interview with Bloomberg TV, Diller admits that buying Newsweek was a mistake, and even adds that the all-digital NewsBeast isn’t likely to succeed:

For a news magazine, which is a bit of an odd phrase today, it was not possible to print it any longer. We said we will offer digital products. We have a very solid newsroom. We will see. I do not have great expectations. I wish I had not bought Newsweek. It was a mistake.

Okay! Now, get to work Tina Brown and crew! Or don’t.

Mediabistro Course

Freelancing 101

Freelancing 101Learn how to manage a top-notch freelancing career! Starting December 1, you'll hear from our expert speakers on the best practices for launching a freelancing career, from the first steps of self-advertising and marketing, to building your schedule and managing clients. Register now!