Tina Brown Launches Daily Beast

Former Vanity Fair and Talk Magazine editor Tina Brown has launched a new, web-based publication, The Daily Beast.  It's geared towards a young audience and covers news, politics and pop culture. The new publication is being backed by NYC-based Barry Diller's IAC.

The Daily Beast is currently in a soft launch phase, which, according to The Post, entails building an audience prior to having advertisements.

The New York Post