Yeah, well, you may want to get that paid back Real Soon Now.
Newsweek & Daily Beast editor in chief Tina Brown sought to calm her staff today following remarks from majority owner Barry Diller suggesting that the magazine could cease publication of its print edition as early as this year.
“Barry Diller would like to make it clear that he did not say on the earnings call as reported that Newsweek is going digital in September,” Brown wrote today in a memo to staff, obtained by POLITICO. “He made the uncontroversial, industry-wide observation that print is moving in the direction of digital.”
I’d recommend that you not take a check.
PS: As God is my witness, Tina Brown ended this email with: “I am enroute to Jane Harman’s event in Aspen and I am sorry that I am not able to reassure you in person but I will be back in the office on Monday. Please refer any queries to Stephen.”