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Sidney Harman Dead at 92
Apr 13, 2011 9:08 AM CDT
Chairman Sidney Harman Dead at 92
Stereo equipment magnate bought company for $1
- Sidney Harman, the stereo equipment magnate who bought
for $1 last year, has died at what his family calls the "young age of almost 93." In a statement posted on the Daily Beast , the family notes that Harman learned he had acute myeloid leukemia one month ago...
Daily Beast to Merge
Nov 12, 2010 6:53 AM CST
, Daily Beast to Merge
Companies make announcement amid rumors
- It's official:
and the Daily Beast will merge. This morning's announcement comes after yesterday's rumors —and despite last month's report that merger talks were killed. Tina Brown will in fact serve as editor-in-chief of both
magazine and the Daily Beast; current Beast president Stephen Colvin will be...
Nov 11, 2010 7:01 PM CST
, Daily Beast
Tina Brown will run both editorial staffs
- It looks like the rumored marriage between
and the Daily Beast website is a go after all. The
New York Observer
says the two will announce a 50-50 merger tomorrow morning. Beast editor Tina Brown will run both staffs with "strong editorial independence," writes Nick Summers, citing...
to Audio Magnate
Aug 2, 2010 3:19 PM CDT
Sold to Audio Magnate for $1
Sidney Harman assumes magazine's growing losses
- Sidney Harman has agreed to buy Newsweek,
reports . The 91-year-old stereo-equipment magnate, who is married to Democratic Rep.Jane Harman, will essentially pay nothing for the magazine—the real cost comes in assuming
's liabilities, which could top $70 million this year. The Washington Post Co. has been...
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