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Former Disney Exec Ben Sherwood, Joanna Coles To Run The Daily Beast In Strategic Partnership With Barry Diller’s IAC
Barry Diller's IAC inks a strategic partnership with former Disney executive Ben Sherwood and Hearst veteran Joanna Coles to run The Daily Beast.
IAC, the Barry Diller-owned company that controls The Daily Beast, has landed a strategic partnership with former Disney executive Ben Sherwood and Hearst veteran Joanna Coles to define the digital publication’s next chapter in a struggling media climate. “These are tough times for digital journalism, but the combined experience, expertise and energy of Ben and Joanna have made me an optimist about their ability to make The Beast an enduring and successful enterprise,” said Barry Diller, who is IAC’s chairman and senior executive. We are excited to work with the dynamic team at The Beast, cultivate and recruit great talent, and help unleash its populist potential.”
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