RD Recap: The New Republic Is for Sale; Changes at Allure

The latest media hirings and firings.

The New Republic is up for sale, with owner Chris Hughes admitting defeat. “As a business, we have launched a brand marketing studio called Novel, built a flexible and fast mobile website, and developed our own content management system,” the Facebook co-founder wrote. “We have made it possible for The New Republic to survive and begin to flourish in its second century. Yet I will be the first to admit that when I took on this challenge nearly four years ago, I underestimated the difficulty of transitioning an old and traditional institution into a digital media company in today’s quickly evolving climate.”

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