Former Entertainment Weekly Publisher to Run the Business Side of Newsweek-Daily Beast

 Michael Buckner/Getty Images

NEW YORK - Former Entertainment Weekly publisher Ray Chelstowski is the new publisher of the soon-to-be-merged Newsweek and The Daily Beast, the New York Times reported.

It is a sign that the two organizations are indeed moving closer as they are expected to complete their merger shortly.

Tina Brown will oversee the editorial side of the combined entity.

Chelstowski, who resigned from EW in November,  plans to eventually make the advertising sales staffs of both organizations one, which could lead to layoffs, the paper said.

Barry Diller’s IAC, which launched The Daily Beast, and Sidney Harman, who bought Newsweek late last year, agreed to a merger in November.

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