As Fashionista first reported in November, IMG is selling fashion trade publication The Daily to Brandusa Niro, its editor.
Niro told Forbes that she owns a "controlling interest" in the magazine and website, but that its editors and writers will still benefit from the resources--aka good tickets to all the big shows--that IMG has supplied them with in the past.
Forbes also asked Niro what she thought about Rupert Murdoch's The Daily, that iPad-only daily newspaper. (Apparently there's been a little legal battle between Murdoch's News Corp. and IMG regarding trademarks on the name.) Niro said that she had no comment on what she planned to about the situation, if anything at all.