This bit by Ezra Klein is a relevant counterpoint. (And also relevant to the "Opinion of Vox" thread from awhile ago, especially where he backhandedly admits that the structural pressures of internet journalism have forced them to go clickbaity... an aside that reads defensive as all hell but isn't really wrong in any meaningful sense. Don't hate the players, hate the game.) And Jonathan Chait offers a counterpoint to that counterpoint here:
http://nymag.com/daily/intelligencer/2014/12/new-republic-and-the-imperfect-media-market.htmlHis point being....yes, The New Republic is losing money, but it's always lost money. It's always relied on a wealthy benefactor to subsidize it so that it can continue its reporting, and there's no particular reason why that should change now.