September 9th, 2013

Vanity Projects of the World Unite

Like two drunks staggering home propping each other up, loss-making magazines the New Statesman and New Republic have agreed a transatlantic tie-up. New Republic is owned by Facebook co-founder Chris Hughes, worth an estimated $700 million, so he is only slightly richer than Staggers‘ owner Mike Danson, worth some £300 million. They are certainly appropriate bedfellows, New Republic is haemorrhaging $3 million a year or some $5 a copy, while the New Statesman loses a mere £1.35 a copy. They will each publish three of the other’s articles every week. Apparently it’s a new Special Relationship. Groan.


24 Comments

  1. 1
    Andrew Efiong says:

    Aha this looks recipe for disaster! Two publishing disasters are having to merge their content to stay afloat.

    If you read one of these failing mags why would you want to read something from another dismal publication?

  2. 2
    Cynic says:

    What’s the current circulation of the Staggers? It was 24,910 in 2012. How many of those went to libraries and the BBC?

  3. 3
    RomaBob...picking a pocket or two ! says:

    Mark Thompson being asked questions by Public Accounts Cmmtt….. just not answering them ?

  4. 4
    Bottom says:

    I thought Rik Mayall was The New Statesman?!?

  5. 5
    united they fall, divided they fall, seperate they fall. says:

    Why don’t they wrap the magazines in Brown paper and put them on the top shelves in the COOP supermarkets media shelves, they will make a fortune.

  6. 6
    A Paperboy says:

    Paper is just too heavy!

  7. 7
    Puke says:

    Is that supposed to be Ed’s casual, hip, man of the people pose?

  8. 8
    Lord Kelvin says:

    If they started writing intelligent articles that people wanted to read they could make a fortune too

  9. 9
    The NAO says:

    Libraries: 0
    BBC: 24,910

  10. 10
    PAC Watch says:

    He’s having trouble explaining why he decided to pay off Byford GBP 1m at end of contract.

    Shortly after the HR Director confirmed that she is not a reliable witness.

  11. 11
    DitherEd says:

    It looks more like his “Oh fuck, what do I do now” poses.

  12. 12
    Fishy says:

    WTF does he look like in that photo?

    Has it appeared on HIGNFY?

    What a plonker

  13. 13
    Glanaman says:

    Twinkle Twinkle Eds Rectum
    Union Cocks When You
    Least Expect Them

  14. 14
  15. 15
    PC Dixon says:

    Two disastrous politicians with two insignificant magazines – Not long and all will be history.

  16. 16
    Sir William Waid says:

    It’s a hundred years old. Shouldn’t it be the Old Statesman?

  17. 17
    Sir William Waid says:

    Now you’ve reached absolute zero, my lord.

  18. 18
    William Hague says:

    Photo looks OK to me…shame he wasn’t wearing a hat though!

  19. 19
    Grrr says:

    Can’t we get every Union, Council, Human Rights charity to take out massive ads to support the Staggers, like they do to prop up the Groniad.

    My taxes at work.

  20. 20
    Raptor says:

    And what about “The Old Republic” ? The United States came into its unfortunate existence in 1783.

    That makes 230 years of treason, by calendar reckoning.

  21. 21
    Postal Votes are Labour Loo Paper says:

    Almost cheaper than bog paper but not as useful.

  22. 22
    LeftyRetard (TM) Loans says:

    Why struggle to meet all the repayments on your credit cards, loans and other finances, when you can have an easier life with a LeftyRetard (TM) Consolidation loan?

  23. 23

    Heck dont tell dave

  24. 24
    The Wild Colonial Boy says:

    Like the Phoenix, the US of A is ever young.


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