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Posts Tagged ‘Rhona Murphy’

The Daily Beast to Continue Publishing

The Daily Beast lives on. According to well, The Daily Beast, the site will continue publishing, despite many rumors to the contrary. “The Daily Beast is not for sale and is not closing,” wrote Rhona Murphy, interim CEO of The Daily Beast, in a memo to staffers. “IAC has approved in concept the operating budget for 2014.”

When the news broke that Tina Brown was departing the site, many people — including us — thought that the Daily Beast might be sold or shut down. However, things are apparently all good. And there were many statements to remind us of that.

Here’s one from managing director Deidre Depke: “The Daily Beast continues to grow at a robust rate and we are committed to bringing the business into a new era of strength and stability.” And another from John Avlon, The Daily Beast’s executive editor: “Our great team of writers and reporters keeps The Daily Beast on the cutting edge of digital news, delivering print quality at web speed.”

However, our favorite by far was from Barry Diller, who couldn’t help but stick another fork in Newsweek during his praise of The Daily Beast:

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Baba Shetty Heads Back to Advertising

Baba Shetty is heading back to the advertising world. AgencySpy reports that the former CEO of Newsweek/The Daily Beast has been named chief strategy and media officer at DigitasLBi.

Shetty joined Newsweek/The Daily Beast in September of 2012, after six years with the ad agency Hill and Holliday. He unexpectedly departed Newsweek/The Daily Beast this past June. In a memo announcing Shetty’s move, Tina Brown provided no details, simply stating Shetty was “moving on as CEO, taking the summer off to spend time with family.” We guess summer’s over?

Rhona Murphy is currently interim CEO of Newsweek/The Daily Beast.

For more on Shetty’s new gig, head over to AgencySpy.

New President at Newsweek/The Daily Beast, New York Adds to Roster

Some moves for you to start your day: Newsweek/The Daily Beast has named Rob Gregory as its President, a new position at the company. Gregory was most recently with Plum TV, and was a veteran with Wenner Media before that. Gregory said of joining the team, “Newsweek and The Daily Beast deliver the ideal combination of immediacy and perspective, with a voice that is razor sharp, smart and fearless.”

New York magazine is also adding to its roster, bringing aboard Jonathan Chait. Chait was most recently a Senior Editor at The New Republic. Chait told Politico, “Obviously I love TNR and had no plans to leave, but the opportunity at New York was irresistible. Everybody who works there raves about it, and my friends in journalism have noticed for a while it’s become phenomenal.”