Excerpt: In a rambling 40-minute monologue that left many attendees perplexed, Mr. MacArthur, 53, talked about the problems facing Harper’s: readership was down 35,000, newsstand sales were plummeting, the only direct-mail piece that seemed to work was 20 years old. Worse, Harper’s seemed irrelevant — “the mainstream media is ignoring it to death,” he said — according to people who were at the meeting.
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