Daily Beast Staffers Under Pressure from New Boss Joanna Coles

New boss Joanna Coles is making dramatic changes at the Daily Beast, causing fear and tension among staffers, with speculation about job cuts and leadership shake-ups. Coles' flashy style and demands for new ideas are causing anxiety in the newsroom.

The Daily Beast turnaround strategy

Barry Diller is making a major push to turn around The Daily Beast by bringing in media veterans Ben Sherwood and Joanna Coles to lead the publication, with a focus on profitability through subscriptions, advertising, and events.

Sale of Minority Stake in The Daily Beast

Barry Diller sells minority stake in The Daily Beast to Ben Sherwood and Joanna Coles, securing the future of the publication. Sherwood to serve as publisher and CEO, Coles as chief creative and content officer. The deal aims to revitalize the outlet through subscriptions, advertising, and events.