[lbo-talk] Adios, New Republic?

Joel Schalit joel at joelschalit.com
Fri Feb 23 15:54:48 PST 2007


The Weekly Standard and The Economist combined are taking them out. Most likely..... : > )

On Feb 23, 2007, at 2:18 PM, Carl Remick wrote:


> [Happy, happy, joy, joy! The New Republic seems headed for the exit.
> (Needless to say, reporter Seelye's inclinometer stands in need of
> major recalibration if it shows the NR as "left-leaning.")]
>
> February 23, 2007
>
> New Republic to Cut Back Publication Schedule
>
> By KATHARINE Q. SEELYE
>
> The New Republic, the thinning left-leaning weekly magazine whose
> circulation has plunged in the era of the Web, is overhauling itself
> with a new configuration of owners, who are investing in a new look
> for the magazine and cutting back its publication schedule to every
> two weeks.
>
> CanWest Global Communications, a Canadian media conglomerate that had
> been a minority shareholder in The New Republic, is now the majority
> owner. Martin Peretz, the editor-in-chief, is retaining his
> one-quarter interest.
>
> “Having a corporation in the ownership mix, and at a publishing
> company at that, is a much greater guarantee for the financial future
> of the magazine,” Mr. Peretz said today. “It just seemed to me, given
> my own intellectual and moral synergies with Leornard Asper, a very
> good partnership.” Mr. Asper, the chief executive of CanWest, was not
> immediately available for comment.
>
> Franklin Foer, who was named editor of the magazine a year ago, said
> that he has been spending much of his tenure mulling “how to revise
> the magazine’s identity for the age of the blog,” and now plans to
> reinvigorate the publication and its Web site with a deeper commitment
> from Mr. Asper.
>
> His goal, Mr. Foer said, is for the magazine to “transcend ideology”
> and to become what he calls The New Yorker of politics [WTF?]. ...
>
> <http://www.nytimes.com/2007/02/23/business/media/23cnd-mag.html?
> hp=&pagewanted=print>
>
> Carl
>
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