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?

    Like

  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?

    Like

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

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

    Like

  4. 4
    Bottom says:

    I thought Rik Mayall was The New Statesman?!?

    Like

  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.

    Like

  6. 7
    Puke says:

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

    Like

  7. 13
    Glanaman says:

    Twinkle Twinkle Eds Rectum
    Union Cocks When You
    Least Expect Them

    Like

  8. 14
    It wasn't my fault guv says:

    Vanity projects.
    Chris Huhne
    http://blogs.telegraph.co.uk/culture/harrymount/100070608/chris-huhne-is-suffering-from-pathological-narcissism-disorder/

    What a snivelling toerag the man is.

    Like

  9. 16
    Sir William Waid says:

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

    Like

  10. 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.

    Like

  11. 21
    Postal Votes are Labour Loo Paper says:

    Almost cheaper than bog paper but not as useful.

    Like

  12. 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?

    Like

  13. 23

    Heck dont tell dave

    Like


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