The century-old politics and culture magazine The New Republic has had a turbulent few years, the most recent of which saw it being put up for sale by its owner, Facebook co-founder Chris Hughes. But the struggling magazine was given a new lease on life Friday, when it was announced that Win McCormack, the editor-in-chief of the literary magazine Tin House and former publisher of Oregon Magazine, had purchased The New Republic. McCormack is also a political activist, having served as a member of the Obama for President Oregon Finance Committee and recently hosting a fundraising dinner for Hillary Clinton.
"The New Republic was founded in 1914 as the organ of a modernized liberalism and then-dominant Progressive Movement, and has remained true to its founding principles, under all its multiple owners, ever since," McCormack said, as reported by The Huffington Post. "We intend to continue in that same tradition, 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."
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