Media Hall of Shame Series: Daily Beast

The Daily Beast was founded in 2008 by Tina Brown, the former editor of Vanity Fair and The New Yorker, with financial backing from media conglomerate IAC/InterActiveCorp. IAC, chaired by Barry Diller (a longtime Hollywood and media powerbroker), has owned a wide array of digital properties including Match.com, Vimeo, Investopedia, and People Media. It also…