Tina Brown is to become Newsweek’s editor after a long and sometimes frustrating search by Sidney Harman.
Senh: This is a strange deal. I'm not sure if it's a win-win for both. It's more of a win for The Daily Beast. Newsweek is worth a lot more than The Daily Beast, but the merger would make both equal. The Daily Beast isn't gonna "power" Newsweek's growth because it only less than half of Newsweek's web audience. If anything, it'll be the other way around. Smells like the AOL/Time Warner deal during the internet's glory days, except in a smaller scale.
