Barry Diller Revitalizes The Daily Beast with High-Profile Media Duo

Ben Sherwood and Joanna Coles join forces with Barry Diller to reinvigorate the struggling digital news platform, The Daily Beast.

Barry Diller partners with Ben Sherwood and Joanna Coles, former media executives from Disney and Hearst, to overhaul The Daily Beast.
Sherwood and Coles acquire a minority stake in The Daily Beast, aiming to inject new life into the platform with their media expertise.
The duo plans to focus on innovative revenue models including subscriptions, advertising, and events to drive profitability.
The strategic partnership marks a significant shift in leadership, with Sherwood taking on roles as CEO and publisher, and Coles as chief creative and content officer.
Their approach includes embracing the founding vision of The Daily Beast while adapting to contemporary media challenges and opportunities.