Newsweek up for sale, again

AFP-JIJI

IAC Chairman Barry Diller said Wednesday that longtime news magazine Newsweek, which ended its print publication last year in favor of digital, was back on the auction block.

“Yeah, we’d like to,” Diller said during a conference interview when asked whether IAC was trying to sell Newsweek.

“I want to get back to focusing on The Daily Beast, because I think The Daily Beast has an unlimited future and it is how we started,” he continued. “I got seduced into Newsweek.”

Newsweek merged with the online news site in 2010.