"At the New Republic, I believe we owe it to ourselves and to this institution to aim to become a sustainable business and not position ourselves to rely on the

"At the New Republic, I believe we owe it to ourselves and to this institution to aim to become a sustainable business and not position ourselves to rely on the largesse of an unpredictable few." Except that Hughes is one of those few who is in a position to allow the New Republic to create quality journalism while remaining financially protected. In fact, that's just about all he brings to the table, since he doesn't have a background in journalism or running an organization like this. If he wanted to grow a business, TNR feels like a strange project. Especially when it seems like journalists need the exact kind of protection that his wealth as an owner could've provided.