No matter how many times I read it, this doesn’t really feel any less surreal or The Onion/April Fool’s Dayesque:

The new entity will be called The Newsweek Daily Beast Company. The directors of the joint venture will include Dr. Harman as Executive Chairman, IAC Chairman Barry Diller, and one director each to be appointed from either side.

Dr. Harman, who acquired Newsweek magazine from the Washington Post Co. over the summer, said: “In an admittedly challenging time, this merger provides the ideal combination of established journalism authority and bright, bristling website savvy. I like partnering with Barry Diller and I look forward to building our company with Tina Brown and Stephen Colvin.“

Don’t mistake my shock for disrespect, I love the move for all involved…especially everyone here at The Daily Bunch, as this helps pave the way for the 50/50 merger that will form The Guns & Ammo Daily Bunch Company in 2011.