24. Ezra Klein usefully framed New Republic's future in terms of convergence/divergence:http://www.vox.com/2014/12/4/7337491/new-republic-changes …
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25. TNR has always been a very niche-magazine: ultra-divergence in the current lingo.
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26. I mean, a magazine that supports the Democratic party, the Contras, Charles Murray and gay rights. That's a narrow demographic.
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27. In some ways, the internet allows ultra-niche-y publications to flourish. This very twitter feed is one example.
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28. But the internet publications that make money (so far) seem more convergence orientated: that's what click-bait is all about.
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29. TNR has been opposite of click-bait. Want 17 reasons why Leon Wieseltier is a hawk on Jerusalem but opposes Netanyahu? Click here!
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30. It all goes back to money: old money (Sewing machine money) versus new money (Facebook money).
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31. Old money (seweing machine money) was willing to buy prestige by paying for 8,000 James Wood reviews of Toni Morrison.
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32. New money (Facebook money) is less deferential to claims of high culture. Prides itself on innovation, "beaking shit" & new toys.
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33. The dream of finding a rich patron who will allow you to publish what you want has to be given up, I think.
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34. The Nation is in a healthier position because it has a wider base of readers who want their product. Also true I think of Mother Jones.
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35. New York Review still makes money thanks to special advertising niche they enjoy. That's better than a rich patron.
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36. So no real conclusion except that the challenge, as always, is to build and maintain institutions that let writing flourish.
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End of conversation
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