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The Daily Beast and Newsweek Seal ‘New Media Marriage’

TinaBrown.jpgThe Daily Beast has entered a “new media marriage” with Newsweek after weeks of negotiation. The new entity will be called the Newsweek Daily Beast Company.

Daily Beast founder and The Diana Chronicles author Tina Brown will serve as editor-in-chief of both publications. Her Daily Beast business partner, Stephen Colvin, will serve as CEO of the new marriage.

Here’s more about the partnership from Brown: “It’s a wonderful new opportunity for all the brilliant editors and writers at The Daily Beast who have worked so hard to create the site’s success. Working at the warp-speed of a 24/7 news operation, we now add the versatility of being able to develop ideas and investigations that require a different narrative pace suited to the medium of print. And for Newsweek, The Daily Beast is a thriving frontline of breaking news and commentary that will raise the profile of the magazine’s bylines and quicken the pace of a great magazine’s revival.”

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