The Press: New Times's Party

After raising $1.7 million to found a biweekly magazine, Publisher George Hirsch was understandably jubilant. His enthusiastic selling convinced backers that his project would fill the gap that he thinks exists between weekly newsmagazines and monthlies like Harper's and Atlantic. He had also corralled such notable New, Recent and Old Journalists as Jimmy Breslin, Larry L. King, J. Anthony Lukas, Joe McGinniss, Studs Terkel, Nicholas von Hoffman and Murray Kempton. So the promotional brochures for Hirsch's New Times were festive. A color drawing of some of the writers in a party setting carried...

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