Business

I Got Seduced Into Newsweek

IAC Chairman Barry Diller is plotting to sell the digital remnants of once-proud Newsweek magazine. Of his 2010 deal to merge the title with The Daily Beast, Diller said at the D11 conference Wednesday, “I got seduced into Newsweek.”

Barry Diller, chairman and senior executive of IAC. Fred Prouser / Reuters

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