Tina Brown Reportedly On the Way Out at The Daily Beast

According to a report from BuzzFeed, InterActiveCorp (IAC), the company which owns The Daily Beast, does not plant to renew Editor-in-Chief Tina Brown’s contract when it expires in January. While the deals of the separation are still being worked out, the report indicates that Brown and media mogul Barry Diller will go their separate ways in 2014.

“As for the future of The Daily Beast website that Brown edits,” BuzzFeed reports, “no decision has been made.”

RELATED: Tina Brown Strikes Back At Howard Kurtz On Twitter: ‘Didn’t I Fire You For Serial Inaccuracy?’

“Included among the options IAC is considering are a sale, closure, or continuing to operate it under a new editor,” the report continues.

Last year, Newsweek, The Daily Beast’s former print partner, ceased printing hard copy publications. In August, the International Business Times purchased Newsweek magazine.

UPDATE: According to POLITICO, Brown plans to start her own media company, Tina Brown Live Media, when she leaves The Daily Beast. “With the new company, Brown will be able to control both the business and editorial sides, something she hasn’t been able to do before,” an unnamed source told POLITICO reporter Dylan Byers.

h/t BuzzFeed

[Photo via TPM]

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