Daily Beast-newsweek Merger Off: Website Drops Out Of Talks

After months of rumors, and amidst mounting speculation that a deal was imminent, The Daily Beast announced that it has withdrawn from talks with Newsweek about a merger between the two organizations. Had the deal gone through, Brown was widely expected to have become editor of the magazine.In a staff memo, Daily Beast editor-in-chief Tina Brown wrote that "the engagement was fun but the pre-nup got too complex.

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