Daily Beast Turns First Quarterly Profit Amid Cutbacks, Q3 Revenue Rises 81%

Ben Sherwood and Joanna Coles, after cutting back staff at The Daily Beast, have managed to swing the digital news and opinion site to its first profitable quarter. The Daily Beast is majority owned by Barry Diller’s IAC holding company, which said third-quarter 2024 revenue at the site increased 81% year over year and had […]