Source prnewswire
IAC Joins with Ben Sherwood and Joanna Coles in Strategic Partnership to Define The Daily Beast’s Next Chapter
IAC (NASDAQ: IAC) announced a new strategic partnership today with Ben Sherwood and Joanna Coles to lead The Daily Beast. Effective immediately, Sherwood will serve as Publisher and CEO and Coles as Chief Creative and Content Officer. As strategic partners, both will share a substantial interest in the company. Specific terms of the partnership were not disclosed.
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