Comments on: Unsolicited advice for New Republic owner Chris Hughes Tue, 10 Feb 2015 19:54:39 +0000 hourly 1 By: Jeyi Thu, 31 Jan 2013 00:53:27 +0000 This was posted in several other threads across the center-right blogsphere, so my apologies if you’ve already encountered it!

Chris Hughes, who now owns the venerable New Republic outright, was one of the original FaceBook developers which led in due course to him becoming a wealthy fellow indeed.

He was also in charge, during the run-up to the 2008 elections, of all the Social Media projects at the Obama for President campaign’s national HQ in Chicago.

I have much to say on Mr. Hughes’s likely responsibility for the outrageous DOS attack organized by the Obama for President HQ in Chicago just prior to the 2008 election on Milt Rosenberg’s WGN radio interview with Stanley Kurtz on the failed Chicago Annenberg Challenge (CAC) educational initiative, of which Obama was the Executive Director, and the role in the CAC of the despicable Bill Ayers. See: .pdf

By: realist50 Wed, 30 Jan 2013 23:32:08 +0000 I wouldn’t include Businessweek on your list. That was a different type of deal because Businessweek could be combined with Bloomberg’s existing large news organization. I don’t know if that’s worked or not, but it has a business logic to it that’s absent in purchasing a standalone publication, leaving it standalone, and expecting to turn it around and make money.

IIRC, Sidney Harman’s purchase of Newsweek also was a vanity purchase predicated more on keeping Newsweek in business – albeit at a breakeven level or at least losing less money than it had historically – as opposed to turning Newsweek into a profitable business.

By: LenKendall Wed, 30 Jan 2013 05:20:01 +0000 I don’t disagree with any assumptions/accusations made here, but what bothers me about this post is the lack of a single solution to the problem that one “rich guy” is trying to solve in a bleeding industry. As a pure critique, I can understand the composition of this post, but as one with the word, “advice” in the title, I’m disappointed.

That said, assuming the rich guy gets the benefit of the doubt, what advice should he get that’s going to help him not turn into yet another notch on the fraying belt of journalism?

-Len Kendall

By: BenMC Wed, 30 Jan 2013 01:35:08 +0000 A home run!