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IAC’s Diller: Daily Beast/Newsweek Losses Are More Than Tolerable
“I look at Newsweek as a startup and we’re building a serious asset in new publishing,” Diller said “What I mean by that a completely new model of publishing in terms of being both an offline magazine and an online one. We’re the only people taking an original online product, The Beast, which has grown phenomenally, and fused it with an existing print publication. We now have 10 million uniques, which is quite strong.”

IAC’s Diller: Daily Beast/Newsweek Losses Are More Than Tolerable

“I look at Newsweek as a startup and we’re building a serious asset in new publishing,” Diller said “What I mean by that a completely new model of publishing in terms of being both an offline magazine and an online one. We’re the only people taking an original online product, The Beast, which has grown phenomenally, and fused it with an existing print publication. We now have 10 million uniques, which is quite strong.”

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