'Daily Beast's' Tina Brown Contract Set to Expire in January
With her agreement with Barry Diller's IAC up soon, will the online news site's editor-in-chief exit?
Having just completed the sale of Newsweek to the International Business Times, Barry Diller's IAC faces another big decision: what to do with Daily Beast editor-in-chief Tina Brown.
Brown, who oversaw the newsweekly as well as The Beast for IAC, has a contract that is up in January 2014, informed sources tell The Hollywood Reporter. It's unclear whether she'll continue in the Daily Beast job, a position she has held since founding the site in 2008, or move on to a new endeavor.
Brown earns a rich salary and is known as a perfectionist who will spend freely on content and design to achieve the result she wants. The New York Times recently reported that she once commissioned 82 possible cover designs for one print issue of Newsweek.
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