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Newsweek, Daily Beast Combo Gains Momentum

Talks between Newsweek‘s soon-to-be official owner Sidney Harman and the Daily Beast have heated up reports the New York Post‘s Keith Kelly. The plan would combine the digital group within Newsweek with the Daily Beast, while Daily Beast editor-in-chief Tina Brown would also oversee the print side of Newsweek.

The negotiations continue between Harman and Daily Beast owner Barry Diller. Kelly writes:

“The talks are advancing,” said one knowledgeable source, “but there are still a few hurdles.”

One of the problems, said another source is, “Diller is approaching it as a business deal and thinks he’s in the driver’s seat.”

The trick is getting two moguls and their accompanying egos to agree on how to run a joint venture.

“I think they’d both play very active roles,” said one source.

The other issue is where to move the Newsweek staff. But it would be an interesting first move for the new media mogul, Harman.

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