--- In [email protected], "shempmcgurk" <[EMAIL PROTECTED]> wrote: > > --- In [email protected], "shukra69" <stephen4359@> > wrote: <snip> > > as someone who lives where it published I can tell you that > > though it owned by Izzy Asper now it was started as an obvious > > propaganda rag by Conrad Black and though it is has a lot of > > pretenciousness it is regarded on the same level as the > > tabloids. It is a vanity press, it has never been a going > > concern. > > You simply have no clue how the publishing business works. > > The New Yorker is considered by many to be the best magazine ever > published. Yet it consistently loses millions every year. > > USA Today lost money for, I believe, its first 15 years before > it turned a profit. That a publication is not a "going concern" > has no bearing whatsoever on its reputation.
True, but National Journal is losing money (estimated at $15 million a year currently) *and* doesn't have a great reputation. (Incidentally, it's still owned by the Asper family, but Izzy died a few years ago; it's now under the control of one of his sons, David. The family is probably rich enough to keep it going indefinitely even if it never becomes a "going concern.")
