Barry Diller, the billionaire chairman of IAC/InterActiveCorp, said he regrets buying Newsweek magazine, which he merged with the Daily Beast website in 2010.
Sidney Harman , whose Harman Kardon brand became synonymous with high-quality audio equipment and who became a top philanthropist in the U.S. capital and, late in life, the owner of Newsweek magazine, has died. He was 92.
F. Murray Abraham has a soft spot for Shylock, a role he performed off Broadway.
Sidney Harman , the founder of Harman International Industries Inc. , is near a deal to buy the money- losing Newsweek magazine from Washington Post Co. , three people familiar with the matter said.
Sidney Harman , the founder of Harman International Industries Inc. , agreed to buy Newsweek magazine from Washington Post Co. , ending a three-month bidding process for the money-losing publication.
Barry Diller ’s Daily Beast news website will combine with Newsweek magazine in a joint venture to be owned equally by IAC/InterActiveCorp and Sidney Harman .
Washington Post Co. said that it has signed a contract to sell Newsweek to Sidney Harman. Terms were not disclosed.
Courtside seats at Sunday’s men’s singles final at New York’s U.S. Open go for as much as $5,300 via Ticketexchange , a division of Ticketmaster. (Plus an $800 service charge.)
Newsweek will eventually transition to an online publication, owner IAC/InterActiveCorp said today, marking the beginning of the end for the money-losing magazine’s 79-year run as a print weekly.
IAC/InterActiveCorp, the operator of websites such as Match.com and Ask.com, rose the most in five months after a surge in Internet queries on its sites helped second-quarter profit beat estimates.
"I am very pleased with the top management of this place."
- Sidney Harman on Aug 02, 2010