The New Republic Has a New Owner

Win McCormack purchases the publication.

The New Republic has a new owner, switching hands from an inexperienced first-time publisher to seasoned publisher Win McCormack.

McCormack, who is the publisher and EIC of Tin House magazine and Tin House Books, announced that former Nation publisher and current Washington Spectator publisher Hamilton Fish will take over in the same role at TNR.

The century+ year-old magazine has been through a lot the past few years, enduring changes that included an HQ switch from D.C. to New York, a reduced print publication schedule and a mass staff exodus after editor Franklin Foer was pushed out.

Things had seemed to calm down slightly after that, with the work of a lot of new staff well received, until Hughes decided he was done playing with his expensive toy, announcing last month that he was putting TNR back on the market. At least that’s how some characterized his decision to sell the publication he purchased in 2012.

In a statement, McCormack described his vision for the publication, saying, “We intend to continue in that same tradition [of being a progressive publication], preserving the journal as an important voice in a new debate over how the basic principles of liberalism can be reworked to meet the equally demanding challenges of our era.”