Dec 7, 2014 · 1 minute

Like Pierre Omidyar before him, Facebook co-founder turned New Republic owner Chris Hughes learned this week that managing journalists is harder than it looks. With most of the magazine's masthead having resigned in protest at editorial changes and December's print issue cancelled, it looks like the former "in flight magazine of Air Force One" is  heading for the ground, fast.

Back in 2013, however, when Hughes sat down for a PandoMonthly interview with Sarah Lacy, things still seemed peachy. As David Holmes highlighted earlier this week, Hughes proudly boasted that he wasn't going to turn the New Republic into just another tech company -- a boast that sounds hollower than a coconut today.

In fact, given this week's news, the entire hour-long interview is worth re-watching. In it Hughes talks about how "the separation of business and editorial is outdated..."

His mission is in re-thinking what the publication should be, he said. Part of that means reconsidering the meeting point of business and editorial. Perhaps controversially, he believes the church-state separation between editorial and business is now arcane. As Hughes put it: “I knew that in buying a content and media company, the idea that business sits over here and lets a newsroom do whatever it wants over there is anachronistic.”
...and how -- as Nathaniel Mott snarkily (but maybe now presciently) noted -- Hughes' only real qualification to run a magazine seems to be having answering the phones in the early days of Facebook.

Here, then, is your essential Sunday viewing, media pundits and schadenfreuders alike....

[youtube https://www.youtube.com/watch?v=v1UEaMkZ1Y8&w=560&h=315]