Buckley bows: This weblog has been intending all day to blog the “divestiture” of the National Review by its founder, William F. Buckley Jr. But, one thing after another happened and the next thing this weblog knows, it was watching the movie Dodge Ball with a 13-year-old.
National Review has a rather unique magazine business model. For the past 50 years, it has never been profitable, but, as the NY Times explains in its eulogistic coverage of today’s announcement, “It makes up any shortfalls each year with contributions from about 1,000 to 1,500 donors, and every other year it sends a solicitation to its subscribers in an effort to add names to the “A list” of regular donors. Mr. Buckley will continue to write the fund-raising letters, he said.”
By the way, one of the recipients of Buckley’s divested share of the unprofitable magazine is his son, who, as we’ve pointed out, is not a fan of Esquire, but is one of the this weblog’s favorite authors of humorous novels and who, if the directory by the elevator is accurate, has an office in a same rather large building in Washington D.C. where this weblog hangs out when working in our nation’s capital.