3 ms·

I am a bit surprised by the negative comments in this thread. I have had the opportunity to work with Chris and he is incredibly humble and smart. Obviously he

by deyan 15y ago

I am a bit surprised by the negative comments in this thread. I have had the opportunity to work with Chris and he is incredibly humble and smart. Obviously he is taking a big risk with this venture but if nothing else the way he conducts himself makes me want to cheer for him and wish him best of luck in this new venture.

shingen 15y ago
I don't think the issue is with Chris at all. It's with what he's buying and trying to do. There's a track record in publishing, where new money has an itch they want to scratch in old media. The last decade, this has happened in magazines and newspapers a few prominent times. Someone gets rich, they decide they want to be a publisher, and they follow their heart in regards to high quality journalism, and spout all sorts of great sounding bytes on how important x y z is. The new money rarely realizes just how hard it is to stay afloat in the world of magazines and newspapers. Then reality hits, and the crushing difficulty of running a magazine becomes apparent. Unfortunately, what's most likely to happen is Chris will take at least a moderate financial loss on the purchase. And he may very well not mind, that's understood.
- rokhayakebe 15y ago
  If you know all this, do you really doubt someone like C.H. didn't think of it?
zotz 15y ago
If Mr. Hughes gets rid of Peretz, I'll know he's trying to make a change for the better. If he keeps Peretz, he's telling me that change for the better doesn't interest him. Thus far, Mr. Hughes has given the world Facebook and a huge presidential media campaign. I have limited hope that he'll turn TNR into a quality product with that track record.
- drumdance 15y ago
  On some level I agree - not a fan of Peretz. On the other hand, wouldn't firing Peretz just make Hughes a leftie Rupert Murdoch?
  - zotz 15y ago
    > wouldn't firing Peretz just make Hughes a leftie Rupert Murdoch? It would make him a magazine owner. One can tell a lot about a publisher by who they keep and who they let go when they take over a publication.
  - SpikeDad 15y ago
    Equating left leaning liberal publications with fanatical right wing conservative hate press is hardly a legitimate comparison. Lets get some NPR positioning here - reporting doesn't require equal commenting when the truth is stacked for one side.

by deyan 15y ago

shingen 15y ago

I don't think the issue is with Chris at all. It's with what he's buying and trying to do. There's a track record in publishing, where new money has an itch they want to scratch in old media. The last decade, this has happened in magazines and newspapers a few prominent times. Someone gets rich, they decide they want to be a publisher, and they follow their heart in regards to high quality journalism, and spout all sorts of great sounding bytes on how important x y z is. The new money rarely realizes just how hard it is to stay afloat in the world of magazines and newspapers. Then reality hits, and the crushing difficulty of running a magazine becomes apparent. Unfortunately, what's most likely to happen is Chris will take at least a moderate financial loss on the purchase. And he may very well not mind, that's understood.

rokhayakebe 15y ago
If you know all this, do you really doubt someone like C.H. didn't think of it?

zotz 15y ago

If Mr. Hughes gets rid of Peretz, I'll know he's trying to make a change for the better. If he keeps Peretz, he's telling me that change for the better doesn't interest him. Thus far, Mr. Hughes has given the world Facebook and a huge presidential media campaign. I have limited hope that he'll turn TNR into a quality product with that track record.

drumdance 15y ago
On some level I agree - not a fan of Peretz. On the other hand, wouldn't firing Peretz just make Hughes a leftie Rupert Murdoch?
- zotz 15y ago
  > wouldn't firing Peretz just make Hughes a leftie Rupert Murdoch? It would make him a magazine owner. One can tell a lot about a publisher by who they keep and who they let go when they take over a publication.
- SpikeDad 15y ago
  Equating left leaning liberal publications with fanatical right wing conservative hate press is hardly a legitimate comparison. Lets get some NPR positioning here - reporting doesn't require equal commenting when the truth is stacked for one side.