Chris Hughes on turning The New Republic into a technology company that adapts to readers from Nieman Journalism Lab
Though Hughes may be a millionaire many times over thanks to his time at Facebook, he has no intention of committing endless fortune to his new magazine: He says he wants it to be in the black by 2015.
“I think it should be profitable,” he said Tuesday at Harvard’s Shorenstein Center on the Press, Politics and Public Policy. “I think it’s our challenge to ourselves, and to the world, to prove we can find a profitable model.”
I am super interested to see what someone from such a strong social background is going to do with an editorial property like The New Republic.