Daily Beast Names Colvin President
Online news hub The Daily Beast on Friday named Stephen Colvin as president. Colvin most recently served as executive vice president of CNET/CBS Interactive.
Reporting directly to the site's charismatic founder and editor in chief, Tina Brown, Colvin will be expected to oversee all aspects of the business, including "revenue generation, audience development, brand development and social media."
"Throughout my career I have been deeply involved with building media brands," said Colvin. "Only a handful of startups have achieved the level of success of The Daily Beast in their first year."
Colvin will also be expected to oversee the Beast Books publishing division, and develop new revenue streams -- particularly events.
As Tina Brown's latest media project, The Daily Beast combines original reporting along with what it calls "must-reads from all over." As of September, it had grown to 2.8 million unique visitors per month.
At CNET, Colvin held full operational responsibility for the Entertainment and Lifestyle divisions, and served on the executive board.
Prior to CNET, Colvin was president and CEO of Dennis Publishing, where he helped launch the company and numerous magazines in the U.S., including Blender, Maxim and The Week, along with the digital wing of the company, Dennis Digital, in 2005. Later, he helped oversee the company's $225 million sale to the Quadrangle Group.