Short answers, pulled from the story.
The first issue of The New Republic landed on newsstands on the 7th of November 1914. Herbert Croly and Walter Lippmann founded the magazine with financial backing from heiress Dorothy Payne Whitney and her husband Willard Straight.
Martin Peretz purchased The New Republic for $380,000 in March 1974 from Gilbert A. Harrison. He served as editor until 1979 but remained editor-in-chief until 2012.
Stephen Glass fabricated quotes anecdotes and facts in his own articles while working for The New Republic under editor Michael Kelly. Charles Lane investigated the falsified stories after Glass was shown to have committed numerous fabrications.
Staff members resigned from The New Republic in protest after Facebook co-founder Chris Hughes became majority owner and editor-in-chief on the 9th of March 2012. Nine of the eleven active senior writers left along with legal-affairs editor Jeffrey Rosen and thirty-six out of thirty-eight contributing editors.
The magazine received roughly 962,000 visitors in April 2012 according to Quantcast data. Visitors tended to be well educated with 76% holding college degrees and relatively affluent with 55% having household incomes over $60,000.