Tina Brown reportedly out at Daily Beast, leaving the site’s future unclear

IAC won’t renew Daily Beast cofounder and editor-in-chief Tina Brown’s contract this January, according to reports from Buzzfeed and Politico. That means that the future of the Daily Beast is unclear: “Included among the options IAC is considering are a sale, closure, or continuing to operate it under a new editor,” Buzzfeed reports. Meanwhile, Politico says Brown plans to launch her own company, Tina Brown Live Media, which “will expand on [her] Women in the World conferences and will put together other events such as flash debates.”