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?

    • 6
      A Paperboy says:

      Paper is just too heavy!

      • 15
        PC Dixon says:

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

        • 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.

  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?

    • 9
      The NAO says:

      Libraries: 0
      BBC: 24,910

    • 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.

  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. 7
    Puke says:

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

  7. 13
    Glanaman says:

    Twinkle Twinkle Eds Rectum
    Union Cocks When You
    Least Expect Them

  8. 14
  9. 16
    Sir William Waid says:

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

  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.

  11. 21
    Postal Votes are Labour Loo Paper says:

    Almost cheaper than bog paper but not as useful.

  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?

  13. 23

    Heck dont tell dave


Media Reader

Ex-Sun Hack Cleared After 582 Days on Bail | MediaGuido
The Sun Remains Most Widely Read UK Title | Press Gazette
Sarah Wollaston’s Naming and Shaming of Bloggers | LibDemVoice
Guido Fawkes is Too Aggressive | The Times
Guardian April Fools Apology | Press Gazette
Jenni Russell and Her Child’s Godfather, Ed Miliband | Breitbart
Mirror’s Lazy Lie | Guardian
Mirror’s Weeping Child Picture Lying Lazy Journalism | Guardian
Coulson: Everything You Need to Know in 6 Seconds | MediaGuido
BBC Still Loves the Guardian | Breitbart
Establishment Times Chums Appeasing Tory Europhiles | UKIP


new-advert
Guido-hot-button (1) Guido-hot-button (1)


A confused Nick Griffin says Nigel Farage is a shill for the City, forgetting that City banks want to stay in the EU:

“Farage is a snake oil salesman, but a very good one. His supposed anti-immigration stance is all smoke and mirrors, as is his carefully cultivated image as a ‘man of the people’. The truth is that UKIP is a pro-immigration party that exists to lobby for the interests of the City of London.”



Alexrod says:

It’s money innit.


Tip off Guido
Web Guido's Archives

Subscribe me to:






RSS




AddThis Feed Button
Archive


Labels
Guido Reads