Was TNR, at some point, making money hand over fist? Harper's never made money even back in print heyday. NYer did, then didn't, now does.
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Replying to @sternbergh
@sternbergh you're kidding, right? Maybe in the distant past.1 reply 0 retweets 0 likes -
Replying to @ruth_franklin
@ruth_franklin That's what I mean—I'm interested in econ of mag. Obvs there was some sub revenue & little ad revenue. Rest footed by owner.1 reply 0 retweets 0 likes -
Replying to @sternbergh
@sternbergh what I don't understand is, why not just go nonprofit?1 reply 0 retweets 0 likes -
Replying to @ruth_franklin
@ruth_franklin@sternbergh New Republic made money 1 year in 1980s (or came close to making money). Otherwise 100 years in the red.2 replies 0 retweets 1 like -
Replying to @HeerJeet
@ruth_franklin@sternbergh I think question is not making money or losing but losing how much money. $5 mill a year? 10 mill?2 replies 0 retweets 0 likes -
Replying to @HeerJeet
@HeerJeet@ruth_franklin@sternbergh There are write-offs for losses, so some for-profits can be non-profit-like but w/o the c3 regulations.1 reply 0 retweets 0 likes
@ToryAnarchist @ruth_franklin @sternbergh My understanding is that at Hughes tax bracket he can write off fair amount of loss on TNR
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