The Daily Beast's interim CEO announced in a staff memo on Friday that the site "is not for sale and is not closing." Barry Diller, the chairman of parent company IAC, said in a statement: “The story of The Daily Beast is one of excellence in reporting, in design, and in digital distribution." With readership growing 22 percent this year alone, "The Daily Beast roars on," said executive editor John Avlon. Thank you for reading!
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