People Incorporated explores sale of The Daily Beast again

Posted Wednesday, July 29, 2026 11:00 am

Sara Fischer | Axios

People Incorporated, formerly known as IAC, is exploring a possible sale of The Daily Beast as it looks to focus its portfolio around People Inc. and MGM, sources told Axios.

Why it matters: The company was looking to sell the outlet several years ago, but instead installed new leadership to try to turn the business around.

State of play: Now that the site is profitable, it's taking the venture back to the market.

Conversations about a sale are serious but not necessarily immediate, a source said.

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People Incorporated explores sale of The Daily Beast again

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