TVNewser Show TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Posts Tagged ‘Sidney Harman’

Jane Harman to Join Newsweek Daily Beast Board

When Sidney Harman died, the rumor was that his 29-year-old son Daniel would take his place on the company’s board. It turns out that wasn’t true, as the company announced late yesterday that Jane Harman, a former Democratic Congresswoman, will be taking over Sidney’s position effective immediately.

According to The Wall Street Journal, Mr. Harman originally stated that his wife wouldn’t have any part in the company because of a potential conflict of interest, but when she resigned those concerns decreased.

Ms. Harman said in a statement:

The Harman family fully endorsed Sidney’s vision to save and restore Newsweek, and to merge it with The Daily Beast. We are so pleased with the progress to date. As a Director, I will work to support the best of journalism – in print, digital, and mobile. Our family will remain actively engaged and totally committed to the success of this enterprise.

As far as the conflict of interest concerns with Ms. Harman, FishbowlNY really doesn’t see any. Sure, she’s a Democrat, but Newsweek and The Daily Beast have always leaned a little to the left. And it’s not like anyone reads Newsweek anyway. Oh! Thank you, thank you very much, we’ll be here all night folks. Well, not all night, probably until about six or so.

Sponsored Post

Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.

Sidney Harman’s Posthumous Final Essay for Newsweek

Last week Sidney Harman, owner of Newsweek, died at 92 from acute myeloid leukemia. Several weeks before his death, Harman penned an essay “Hey, Cancer: Go Stand in the Corner,” where he affirmed his faith in fighting the disease, and demonstrated his undiminished spirit.

I have told the dragon to go stand in the damn corner. I have important stuff to do.

While I accept the “gentle” chemo they prescribe, I will be preparing my lectures at the University of Southern California or studying NEWSWEEK’s latest operating results—or reading, or listening to music, or mentally practicing my imagined elegant golf swing.

Harman also wrote that Newsweek had given him a “great new life,” and described his complete faith in both Newsweek and The Daily Beast’s future:

[Newsweek] will participate actively in the renewal and reinvention of media. It may well lead the revolution… I am convinced that I make significant business and intellectual contributions, but I know that the enterprise will move forward, if necessary, without me.

Sidney Harman Dies at 92

The Daily Beast is reporting that Sidney Harman, owner of Newsweek, passed away last night due to complications from cancer:

He died in Washington, D.C., a city he loved and supported in so many ways, surrounded by his wife and children. Funeral arrangements will be private. Celebrations of Sidney’s extraordinary life will be held both in Washington and Los Angeles, at dates still to be determined.

Tina Brown tweeted: “It is with great sadness I have to announce that Sidney Harman died last night. All of us at Newsweek mourn his passing.”

Newsweek Extends Buyout Offers To Editorial Staffers

While no Newsweek employees have been dismissed, WWD reports that many members of the magazine’s editorial department had their wishes granted and were asked to take voluntary buyouts yesterday.  Around one third of Newsweek’s 90 staffers, many of whom are believed to be members of the online team, have received buyout offers complete with at least four months of severance pay and additional compensation based on the length of their term with the company.  Newspaper Guild of New York president Bill O’Meara was involved in recent negotiations with Newsweek owner Sidney Harman and commented on what the future holds for the company and it’s workers.

There are no plans for layoffs.  Nobody has a crystal ball.…We’re all obviously very much hoping that Tina Brown’s plan will have a lot of success in the future and ultimately that’s where the jobs will [come from].  If it’s not successful, I guess we’ll see how it goes.

Newsweek Editor Marc Peyser Exits Following Merger With The Daily Beast

After 22 years with the title, senior culture editor Marc Peyser is saying goodbye to Newsweek.  Peyser’s exit was not much of a surprise to his colleagues as he was the last senior editor remaining from former editor Jon Meacham’s staff.  Peyser had a close relationship with Meacham who left the magazine when it was sold to Sidney Harman in August.

Peyser is just one of many Newsweek veterans to have departed via layoffs, buyouts, and staff changeups since the merger with The Daily Beast.  He won’t be out of work for long though — on Feb. 22 Peyser will begin work as deputy editor of Budget Travel.

The Newsweek/Daily Beast Merger Is Finally Official

It has been nearly three full months since Newsweek and The Daily Beast verified all the rumors and agreed to merge — today their deal has finally been signed, sealed, and delivered.  Although some speculated that the new media conglomerate would simply be coined “Newsbeast,” the company went with a more conservative title and will be known as The Newsweek/Daily Beast Company LLC.  As expected, Tina Brown will serve as the title’s editor-in-chief, while IAC chairman Barry Diller and Newsweek owner Sidney Harman are both directors.  Harman has also been named executive chairman of the new entity.  Former Daily Beast president Stephen Colvin will act as The Newsweek/Daily Beast’s CEO.

Harman is glad to have all the paperwork completed and ready to get the show on the road.

This is an exciting undertaking.  We are convinced that the combination of Newsweek and The Daily Beast will extend the frontiers of read and heard news opinion.  Making the complex weekly news both comprehensive and comprehensible will be our mission.

Newsweek/Daily Beast Deal Finally Complete

It’s been in the works for months, but the deal to merge Newsweek magazine and Tina Brown‘s The Daily Beast website is finally complete. As expected, The Daily Beast will be running the show. Brown will take over editorial operations for both entities and Daily Beast president Stephen Colvin will now be CEO of the joint venture. Pre-merger Newsweek owner Sidney Harman will be Executive Chairman.

Brown has been staffing up in anticipation of the merger. Yesterday it was announced she added exiled Village Voice writer Wayne Barrett and New Yorker staffer Peter J. Boyer to her crew. Not a bad way to start the week.

Press release after the jump:

Read more

Gabriel Snyder To Run The Atlantic Wire

Gabriel Snyder has been put in charge of The Atlantic Wire, the magazine’s digital component and news aggregation site.  In his new role, Snyder will compile real time news stories and help lay out the day’s headlines for the site. While The Atlantic and theatlantic.com are located in DC, Snyder will work out of Manhattan’s Madison Avenue and is expected to add 15 new hires to work under him.  Snyder explained the benefit of a New York home base.

For the same reason that a lot of places based in New York want a DC bureau, because they want people steeped in the culture of DC, I think this will bring [to DC] people who are more attuned to what’s going on in New York.

Snyder, a former contributor to Variety and W, has resided in New York since 2008 when he served as editor-in-chief of Gawker – a stint that lasted until his untimely dismissal last February.  He then found work at Newsweek where he ran the magazine’s website, however — due to the magazine’s sale to Sidney Harman in August — he only lasted five months in that role.

Newsweek/Daily Beast Deal Still In The Works

Most companies witness a slowdown in operations around the holiday season and Newsweek and The Daily Beast are no exception to the rule.  After announcing plans for a merger in November the two brands have not yet finalized their partnership and, according to Keith Kelly, Newsweek owner Sidney Harman is aiming for mid-January as the date to seal the deal.

The main culprits for the delay are legal issues and paperwork, two factors that are taking their toll on the Newsweek staff.  Even though they both have signed book deals with Houghton Mifflin Harcourt, interim co-editors Dan Klaidman and Nisid Hajari will remain with the magazine until the end of the month

Tina Brown Discusses The Newseek / Daily Beast Merger: ‘It’s Ridiculous To Think Magazines Can Compete With The Web”

Tina Brown turned to NPR to discuss, in greater detail, the merger between her site, The Daily Beast, and Sidney Harman‘s struggling news weekly, Newsweek, both of which Brown will oversee as EIC. You’ll recall that we were the first to present the news that Brown was in the running for the position. You know, not to toot our own horn or anything. (It’s a vuvuzela, actually.)

Brown shared that the news is particularly exciting because it means both publications will have the opportunity to “amplify their footprints.”

Unsurprisingly, Brown, who boasts Tatler, The New Yorker and Vanity Fair among her places of work as a print editor, is excited to return to the medium, now with the knowledge that a bit of distance and time away offers. She says:

I’m looking, really, back at print now with kind of the new eyes of an expatriate who has been away and now can sort of look back and see something with (a) very different point of view.

…which is something Newsweek, struggling both in terms of readership and a diminishing staff as of late, couldn’t help but benefit from, right?

On the digital front, Brown shared with NPR that The Daily Beast will indeed act as the magazine’s online presence. She also emphasized the youthfulness and adrenaline of her Daily Beast team, perhaps in the hopes that a team used to the face-paced — and often sarcastic and

Read more

NEXT PAGE >>