There were many skeptics when the 79-year-old news magazine "Newsweek" merged with the upstart website The Daily Beast in 2010 under the leadership of Tina Brown. Could two media outlets, both loosing money, be combined into a financially sound operation?
In a recent interview with "Nightline," Brown, who is Editor-in-Chief of the joint venture, said it is well on it's way to success and pushed back hard against published reports that the Newsweek/Daily Beast Company suffered $30 million in losses last year, calling such reports "excessive."
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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