Barry Diller Explores Sale of The Daily Beast

From a New York Times story by Benjamin Mullin headlined “Barry Diller Explores Sale of The Daily Beast”:

The tech mogul Barry Diller was one of the first billionaires to experiment with digital journalism in the 2000s, teaming up with longtime editor Tina Brown to start The Daily Beast, a scrappy tabloid for the budding online era.

Now, Mr. Diller’s 14-year run as owner of the internet muckraker may be coming to an end.

IAC, the holding company founded by Mr. Diller that owns digital properties including People, Better Homes and Gardens and Southern Living, has hired the advisory firm Whisper Advisors to explore the sale of The Daily Beast, according to two people with knowledge of the decision.