The Daily Beast loses something like $200,000 a week. Newsweek loses around $500,000 a week. (Actually more like $538,000—that's $28 million a year.) Put the two entities together and you're losing a million dollars every ten days or so. Sure, there's some cash incoming—Newsweek has $165 million in annual revenue! Which is a ton of money… almost none of which comes from Newsweek.com. Making sense of the properties online is the most confusing order of the merger. (What will be done to the print product seems pretty obvious to most.) Particularly given that Newsweek.com has two to three times the traffic of the Beast. Here's [...]