A “person with knowledge of the matter” says IAC/InterActiveCorp Chairman Barry Diller may try to sell The Daily Beast, Sarah Frier reports. BuzzFeed reported yesterday that Beast Editor-in-Chief Tina Brown would leave the publication.
Frier’s source also said Beast Executive Editor John Avlon will probably replace Brown.
Brown, whom the Beast describes as “irrepressible,” will start a company that produces conferences. Another unnamed person told Politico that Brown’s venture “is really a marriage of her commitment to journalism and story telling, its going to be really event orientated.” (Thank goodness no one had their name on that one — “story telling” should be one word; “its” should have been “it’s”; and “event oriented” really needs a hyphen!)
A “source familiar with the situation” told the Daily News’ David Knowles the divorce was “totally amicable.”
In related news, Jim Impoco will edit Newsweek, which Brown used to edit and which IAC recently sold to IBT Media. IBT CEO Etienne Uzac, perhaps unaware of the rule that anything remotely related to Brown must be discussed anonymously, allowed himself to be quoted by name: “Jim has a remarkable track record of leadership in journalism and a deep understanding of the digital industry, which is the exactly what will take Newsweek to the next level,” Uzac said.
Related: The lost magic of Tina Brown (USA Today) | No longer the talk of the town, Tina Brown bids farewell to Diller’s Beast (Guardian)