Barry Diller Bets on Media Veterans to Turn Around The Daily Beast
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The Daily Beast has long been an outlier in the digital empire of the billionaire Barry Diller. As sites like Match.com and Expedia made millions over the years, Mr. Diller’s digital tabloid lost money, publishing scoop after scoop but struggling to turn a profit. Now, Mr. Diller is making a major push to change that, and he’s brought in Ben Sherwood, the former president of Disney ABC Television Group, and Joanna Coles, the former chief content officer of Hearst Magazines, to help. Mr. Sherwood...

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