Sidney Harman has died. The 93-year old entrepreneur, who kept Newsweek afloat by getting the faltering magazine from the Washington Post Co for $1 and then merging it with IAC and Tina Brown's web-site The Daily Beast, died Tuesday evening. He passed away from complications from acute myeloid leukemia, according to a statement the family members gave the website. Harman's loved ones disclosed he discovered he was ill just 1 month ago. He died in Washington, D.C.
How Harman's death will impact the future of the magazine/site remains to be seen. Funeral arrangements are private but memorials are in the works. A tribute to Harman was penned on the web site by Jonathan Alter, who just announced his exit from the magazine immediately after 28 years there.
