|'Radar' plans a return.
FRENCH INVESTORS TO BACK 'RADAR' MAGAZINE
Tentative Accord Could Provide $15 Million
INVESTOR GROUP MULLS 'RADAR' MAGAZINE STAKE
Mort Zuckerman Looks at Title Following Failed 'New York' Bid
The title is believed to have finally found a backer, according to an executive familiar with the situation, and will begin publishing again in 2005.
The backers, said those familiar with the situation, are New York Daily News and US New and World Report owner Mort Zuckerman and financier Jeffrey Epstein. Mr. Zuckerman and Mr. Epstein were key members of a coalition of investors -- which included, among others, adman Donny Deutsch -- that made a high-profile but unsuccessful bid for Primedia's New York magazine late last year.
Representatives for Mr. Zuckerman and Mr. Roshan declined to comment.
Radar's publishing schedule was not immediately clear. Radar was initially conceived as a bi-weekly, but in Mr. Roshan's previous rounds with potential backers he had changed the potential title's frequency to monthly. The Radar announcement could come as early as today.
Radar published two issues in late 2003. The second had a press run of 160,000. Owing largely to the visibility of Mr. Roshan in Manhattan's tight-knit and often-incestuous media circles, where he is well-liked, the title generated a volume of press attention unusual for such a relatively small magazine.
Most recently, Mr. Roshan this summer oversaw New York magazine's coverage of this year's Republican National Convention, for which the magazine produced separate daily print publications. Prior to taking his position at ill-fated Talk, Mr. Roshan was deputy editor of New York magazine.