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REVOLT AT THE NEW "NEW REPUBLIC"
"Mark Zuckerberg’s Harvard roommate buys the ultimate symbol of the old media ... The staff felt as if they were part of a romantic endeavor - Writers were offered generous salaries and assured that they would be given time and space. The website was redesigned. - Hired as chief executive a former Yahoo official who told the staff that he intended to break stuff (using a profanity) to rebuild the magazine as a “vertically integrated digital media company" ... Drove out the magazine’s widely admired editor and literary editor, replaced with former editor of Gawker."
"The moves set off a mass exodus that forced the magazine to cancel the publication of its next issue. It also prompted an angry public letter from a group of New Republic alumni. “As former writers and editors for The New Republic,” it began, “we write to express our dismay and sorrow at its destruction in all but name.”
"The walkout and letter were a protest against Mr. Hughes’ stewardship of the magazine, but in a more general sense they represented a defense of an endangered journalistic ideal that the high-minded, unapologetically wonky New Republic embodied in its purest form. It was the right place and the right time for a last stand."
"Mr. Hughes left Facebook in 2007 with an estimated fortune of $700 million to join the Obama campaign, where he created the president’s first Facebook profile and helped run online organizing. He had always been interested in journalism, though; in high school, at Andover, he was news director of The Phillipian."
originally posted by: MKMoniker
a reply to: jimmyx
"wow, right out of the HBO series "newsroom" season 4....life is stranger than fiction ."
Actually, Hollywood's been milking the "socially/emotionally inept Silicon Valley juvenile millionaire" for awhile now. Remember when "Two and a Half Men" hired Ashton Kutcher as geeky dot.com millionaire Walden Schmidt?
"WALDEN SCHMIDT" CHARACTER ON 'TWO AND A HALF MEN'