• Billionaire Barry Diller Is Looking to Sell the Daily Beast

    19 days ago - By Observer

    The Daily Beast's owner, InterActiveCorp , has hired an advisory firm to look for potential buyers for the digital publication, the New York Times reported today .
    IAC is controlled by Barry Diller, a media mogul worth $3.9 billion. He launched the Daily Beast in 2008 with former New Yorker and Vanity Fair editor Tina Brown.
    The politics and media site has had a tangled ownership history. It was merged with Newsweek in 2010 and co-owned by IAC and the estate of Sidney Harman, an engineer and businessman. In 2013, Newsweek was then acquired by IBT Media, leaving the Daily Beast again as an...
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