Aram Zucker-Scharff

“Three years later, Brown will have tumbled completely out of journalism, Diller will have lost north of $100 million ($70 million alone of it as a result of the Newsweek merger, he recently told me), and Harman will be dead. The NewsBeast experiment will be ruled a historic failure, perhaps the last great magazine flameout. This is the after-action report.”

– The undoing of Tina Brown.

The Last Temptation of Tina Brown:

More than two and a half years later, Ms. Brown has missed the mark. Synergies have long since slipped away. After the magazine hemorrhaged tens of millions of dollars, Barry Diller, the billionaire media mogul whose company owns both publications, publicly called the purchase of Newsweek “a mistake” and the original plan to save it “stupid.” On Saturday, the company announced that it had sold Newsweek for an undisclosed amount to the digital news company International Business Times.

“Tina’s last fumble” is a lazy Newsweek cover. On Gawker: It wasn’t Twitter that killed Newsweek, it was “A weak product filled with trollbait articles and an assortment of freakish covers…”