Chris Hughes Puts The New Republic Up for Sale

Chris Hughes' ownership of The New Republic looks like it will come to an end.The Facebook co-founder, in a staff memo later published on Medium, announced that he is seeking a new owner for the magazine, which he acquired in 2012."After investing a great deal of time, energy, and over $20 million, I have come to the conclusion that it is time for new leadership and vision at The New Republic," Mr. Hughes wrote. The news was first reported by The Wall Street Journal. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-01-11 00:00:00 UTC ]

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