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His previous boss Chris Hughes (the owner) wanted to turn a profit -- but didn't have expertise to do it. Therefore, CH brought in Guy Vidra with a directive t
by jasode 9y ago
His previous boss Chris Hughes (the owner) wanted to turn a profit -- but didn't have expertise to do it.
Therefore, CH brought in Guy Vidra with a directive to make profits.
Criticizing Amazon about the Hachette negotiations triggers Amazon to pull advertising dollars. This conflicts with making profits. (Which points back to why Vidra was brought in: make the magazine profitable.)
- cafard 9y agoHas anyone ever made a profit with The New Republic? It seems unlikely to me.
- ArchReaper 9y ago>The one year we turned a profit, we celebrated with a pizza party that pushed us back into the red. Literally the 3rd line of the article.