IAC says that it has formed a “strategic partnership” in the publication with Ben Sherwood, the former president of Disney’s TV group (and the former president of ABC News) as well as Joanna Coles, the former chief content officer for Hearst and editor-in-chief of Cosmopolitan.

Sherwood will be The Daily Beast‘s CEO and publisher, with Coles serving as its chief content and creative officer. In a statement, Coles said the new team would be “bringing The Beast back to its rebel roots and will build on its beloved DNA to make it even beastier.