New Media Madness
Arianna Huffington, Tina Brown stake are frontwomen of new media — and friends
Online media is the way of the future. This much is known, and for the last few years, it's been even expected, as print goes the way of the DoDo. But one development that couldn't have been predicted was that women would be talking the helm of major vessels in this new media age.
Daily Beast founder Tina Brown bought Newsweek and took over as editor-in-chief in a move that XXX. Then, this weekend came the news that Huffington Post founder Arianna Huffington would take over after the merger of HuffPo and AOL — a merger in which AOL purchased the Huffington Post for more than six times its projected 2011 revenue.
But the women don't see themselves as competitors.
Wrote the Daily Beast of its perceived media competitor's monster deal: "it is one more chunk of evidence that online news and entertainment are an increasingly valuable force in a media world once dominated by old-guard newspapers, magazines, and networks. The merger of The Daily Beast and Newsweek, completed last week, was another such sign."
Brown and Huffington agree with this take, and sat down with Harper's Bazaar to discuss why they refuse to be "divided and conquered." Here are the highlights:
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We're still waiting on the results of the Daily Beast/Newsweek merger, and HuffPo/AOL's implications are fuzzier still. What will Huffington's liberal leanings mean for AOL's corporate culture? What will the editorial takeover mean for my many friends who found themselves successfully courted by Patch, AOL's network of hyper-local news sites?
What do you think?