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Daily Beast editor Tina Brown is parting ways with the site’s parent company and announced her future plans this week, including Tina Brown Live Media and a memoir.
Brown’s departure was first reported by BuzzFeed on Wednesday, citing two sources. One said that the former Vanity Fair and New Yorker editor would take the successful Women in the World conference with her as part of the agreement and another said that she start Tina Brown Live Media.
Indeed, Brown did announce the new venture, which she described as “theatrical journalism.” She will also take the Women in the World conference, which began in 2010 and has been a success each year since.
“Creating The Daily Beast at the original instigation of Barry Diller in 2008 has given me some of the most exciting and fulfilling years of my professional life,” Brown said in a statement. “I am enormously proud of what our brilliant editorial team has achieved at the Beast.”
While this does put the future of the Daily Beast in question, it will continue to be operated by parent company IAC. The Daily Beast also controls Newsweek, which IAC acquired in 2010. Brown acted as editor of that magazine, which went all-digital last year and was bought by IBT Media last month.
On Thursday, the New York Times confirmed that Brown is writing a memoir titled Media Beast. “I’ve seen a great deal, I’ve seen so much change, so much up close, amazing forces at work in the media business,” she told the Times. “It’s been a pretty interesting world.”
The book will be published by Henry Holt and Company imprint Metropolitan Books in early 2016.
Brown also had to answer accusations by the New York Post that her Women in the World Foundation has given just $10,000 of the $1.2 million it raised. “It’s insane, we’ve given away over a million in grants to women of impact, as we call them,” she told MSNBC’s Morning Joe. “We also have the balance of that money, $500,000, to Vital Voices,” a group Women in the World plans on merging with.
image: Wikimedia Commons