Wonkette

They hired a Foer, they refuse to institutionalize Marty Peretz, and now they’re owned by the McKenzie brothers. A “Canadian media giant” has purchased a majority stake in the New Republic, that venerable 92-year-old joke.

“I’m hoping the new magazine will look and feel a lot more like a magazine,” Foer said

Aim high, Frank. Aim high.

New Republic Sold, To Drop Weekly Publication Schedule [Politico]