Standpoint Magazine Searching for Patron


Standpoint, the highbrow conservative monthly magazine edited by Daniel Johnson, is doing well by most indicators – the last two issues were their best-selling yet and their subscription base is rising month upon month. Like most highbrow publications it is not profitable.

Rival progressive magazine Prospect was set up as a for-profit publication yet never made a profit. It has now been taken over by the Resolution Foundation of Sir Clive Cowdery, so has a charitable structure. The Resolution Foundation/Trust has a £50 million endowment from Cowdery. The London Review of Books loses about £3 million per year – this is met through loans from trusts connected to its editor Mary Kay Wilmers and her brother. The Literary Review also has a very wealthy editor – Nancy Sladek – who subsidises it. Granta has an editor (and owner), Sigrid Rausing who is a billionaire. Despite progressive publications having a low circulation they are well funded…

The way Standpoint is structured is that it is owned and published – via a subsidiary – by the Social Affairs Unit, a UK registered charity. Standpoint has been struggling financially for some time. Their main patron has been reducing his support. He will have given the magazine £150,000 this year though there will be no support next year. Last year they raised £250,000 from other patrons, to continue during 2017 they will need to find an additional £250,000 in support/pledges of support over the next month – or sell the magazine. If they don’t do either they will likely fold, which will mean in the age of Alt-Right fake news the conservative cause will have lost a cultured voice…

Tip offs: 0709 284 0531

Quote of the Day

Trevor Kavanagh’s analysis of the Brexit process…

“Thanks to Mrs May and her useless Chancellor Phil Hammond, this will not come without pain. But we escape with imagination and true British grit or we will be boiled alive.

It means on this centenary Remembrance of our struggle against tyranny, we risk ceding non-military victory in Europe to the undemocratic forces of an unaccountable totalitarian regime.”


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