Who would have ever predicted this? Radar to vanish from the radar: Who would have ever thought Radar Magazine would not be a huge success? I don’t know what I will do without the longest running soap opera of pre-launches, launches, folds, re-launches and empty hype in the history of this weblog. More importantly, what is Gawker going to do without its go-to running gag?
Says BusinessWeek’s Jon Fine:
(Radar) sought to prove that a smart segmentation of a young and urbane audience could work in magazines in a manner akin to how HBO makes it work in TV. That his backers ultimately disagreed will do little to convince a magazine world already hopelessly stuck in “me-too” mode to take chances on novel ideas. But given current business dynamics, that’s at least partly understandable.
Says me: Give me a break, Jon. Anyone who read Spy Magazine 15 years earlier knows that Radar was stuck in a derivative “me-too” mode of a model that didn’t work the first go-’round. Self-absorbed, extreme inside humor for a few thousand New York Gen-whatevers is not urbane — it’s mundane. Don’t insult HBO that way.
Update: In his written statement, founder and editor Maer Roshan said:
“We are currently engaged in productive discussions with a number of new investors and I look forward to continuing operations in the near future.”
This is almost as good as the statement he made (and I blogged) in July of 2003:
“As everyone knows, we’ve been working hard to complete Radar’s funding, and while it’s taken longer than expected in this environment, things are now looking good. We expect to have our next issue out around October.” Until the new funds come through, most of the staff, who went on hiatus just after Memorial Day, remain out until further notice.
My last link on this will be to funny folks at Jossip.