4 ms·
There are precedents. I stopped buying National Geographic magazine when the Society sold it to Fox. From https://www.washingtonpost.com/lifestyle/style/natio
by willvarfar 7y ago
There are precedents. I stopped buying National Geographic magazine when the Society sold it to Fox.
From https://www.washingtonpost.com/lifestyle/style/national-geographic-magazine-shifts-to-for-profit-status-with-fox-partnership/2015/09/09/7c9f034e-56f0-11e5-8bb1-b488d231bba2_story.html https://www.washingtonpost.com/lifestyle/style/national-geog...
> On Wednesday, the iconic yellow-bordered magazine, beset by financial issues, entered its own uncharted territory. In an effort to stave off further decline, the magazine was effectively sold by its nonprofit parent organization to a for-profit venture whose principal shareholder is one of Rupert Murdoch’s global media companies.
- realityking 7y agoLooks like that stake went to Disney when most of Fox was sold to them. Interesting.
- kozhevnikov 7y agoIt's on all Disney+ ads. https://i.imgur.com/avn5ck8.jpg https://i.imgur.com/avn5ck8.jpg
- chapium 7y agoI hear magazine and tv divisions are still very much separate.
- willvarfar 7y agoIt’s still commercial. I was buying the mag because I was happy that the profits went to the researchers in jungles all over the world etc. I loved the nature and antiquity and exploring stories that used to dominate. Steadily through the 2000s I found more and more stories that I skipped because they felt political and us-centric. And then the sale? That was enough.
- ethbro 7y agoDid you ever get a copy of Nat Geo Adventure / Traveler? It was one of the sub-magazines that proliferated (probably as they were trying to keep the print business alive). Grabbed a couple in an airport, but they seemed more interesting and focused than the main one.
- tw04 7y agoI'm not sure that's a valid precedent. National Geographic was facing bankruptcy with a bleak future. Their options were to sell or shut the doors - they took what they believed to be the lesser of two evils. .org prints money - they have almost no overhead, and a basically guaranteed revenue stream. This isn't a public good that has no other options to survive - it's a bunch of shady board members attempting to enrich themselves at the expense of the public good.