BREAKING: 'WWD' to Report 'Radar' Close to Funding, Yet Again
Maer Roshan is close to obtaining funding for yet another iteration of Radar, the magazine that refused to die, Gawker has learned Women's Wear Daily will report tomorrow. The new funder is likely to be California supermarket mogul Ron Burkle, a major donor to the Democratic party whose Yucaipa Companies private-equity firm is helping the Newspaper Guild-Communications Workers of America finance an employee-led buyout of nine unionized Knight Ridder newspapers. WWD will also report that the Rev. Jesse Jackson's family may join Burkle in underwriting Roshan's twice-failed magazine venture. Developing, sirens, exclamation points, must credit Gawker, etc. More info tomorrow, when Women's Wear actually publishes. Meantime, as the reverend says, keep hope alive.
