In an opinion piece published by the Washington Post last evening, New Republic owner Chris Hughes confirms what I asserted two days ago: The publication seeks to remain relevant, which won’t happen staying the current course, and that massive staff and contributor resignations are not a clash of journalistic values. My followup published yesterday, explains how I came to see the wisdom behind the magazine’s move to become a “vertically integrated digital media company”, as stated by CEO Guy Vidra.
You could sum up my original post in sentence: “Hughes and Vidra seek profitability and visibility for the New Republic“. The magazine’s owner confirms in the Post opinion: “I didn’t buy the New Republic to be the conservator of a small print magazine whose long-term influence and survival were at risk. I came to protect the future of the New Republic by creating a sustainable business so that our journalism, values and voice—the things that make us singular—could survive”. [Read more]