The Paris Review will continue
The Village Voice reports that The Paris Review will continue depite the recent death of its editor and one of its founders, George Plimpton.
Last week's Plimpton tribute, a celebrity-studded gala at Cipriani on 42nd Street, raised $500,000 for the Paris Review Foundation, bringing the foundation's endowment to about $1 million. Now literary insiders are buzzing about how what used to be a for-profit magazine that lost money every year has turned into a bustling nonprofit with a shot at long-term profitability. Meanwhile, the search for a new editor has begun.