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Facebook Co-Founder Sells New Republic Magazine — See Who Bought It

Feb 29, 2016  •  Post A Comment

Facebook co-founder Chris Hughes has sold the venerable news magazine New Republic. The New York Post reports that the 102-year-old liberal-oriented publication was purchased by Oregon publisher Win McCormack, a top Democratic political donor.

“McCormack, who runs Portland, Ore.-based literary quarterly Tin House and Tin House books, said he would stay true to the mag’s roots,” the story reports.

In a statement released Friday, McCormack said: “We intend to continue in that same tradition, preserving the journal as an important voice in a new debate over how the basic principles of liberalism can be reworked to meet the equally demanding challenges of our era.”

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