Daily Beast Turns First Profit Amid Cutbacks, Q3 Revenue Up 81%

Ben Sherwood and Joanna Coles, after scaling back staff at The Daily Beast, have managed to swing the site to its first profitable quarter.

Variety
Daily Beast Taps Samantha Bee, Kara Swisher, Dick Costolo

The Daily Beast will tap a group of about 30 contributors including Samantha Bee, Kara Swisher and Dick Costolo as the digital outlet seeks new edge

Variety
Hot Source: Barry Diller Spent Millions to Feed a Dying Beast

It's well known that the beleaguered Daily Beast has been losing money. What's less known is just how much cash it's been bleeding — and it's a lot.

The Hollywood Reporter

Former Disney Exec Ben Sherwood, Joanna Coles To Run The Daily Beast In Strategic Partnership With Barry Diller’s IAC
#News #BarryDiller #BenSherwood #IAC #JoannaColes #TheDailyBeast

https://deadline.com/2024/04/ben-sherwood-joanna-coles-the-daily-beast-barry-dilles-iac-1235885778/

Former Disney Exec Ben Sherwood, Joanna Coles To Run The Daily Beast In Strategic Partnership With Barry Diller’s IAC

Barry Diller's IAC inks a strategic partnership with former Disney executive Ben Sherwood and Hearst veteran Joanna Coles to run The Daily Beast.

Deadline

Daily Beast to Be Led by Ex-Disney ABC TV Chief Ben Sherwood, Former Hearst Content Boss Joanna Coles in Deal With IAC
#Variety #News #BenSherwood #DailyBeast #JoannaColes

https://variety.com/2024/digital/news/daily-beast-ben-sherwood-joanna-coles-iac-1235971445/

Daily Beast to Be Led by Ben Sherwood, Joanna Coles in Deal With IAC

Ben Sherwood and Joanna Coles inked a deal to lead IAC's The Daily Beast, under which they are acquiring a minority stake in the news site.

Variety