New Republic gathered in by Tin House publisher

April 2016 issue

The venerable magazine The New Republic has been swimming through a sea of troubles lately. Facebook co-founder Chris Hughes put $20 million into the publication but couldn't seem to get the hang of making it sustainable, so he put it up for sale in January. 

Now it seems to be returning to its progressive roots.  It has been bought by Win McCormack, the Portland-based publisher of the high end literary quarterly Tin House, according to a post in Adweek. In turn, McCormack  appointed as publisher Hamilton Fish, formerly publisher of The Nation and the Washington Spectator. 

“The New Republic was founded in 1914 as the organ of a modernized liberalism and then-dominant Progressive Movement, and has remained true to its founding principles, under all its multiple owners, ever since,” Mr. McCormack said in a statement. “We intend to continue in that same tradition.”