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Chris Hughes, out gay Facebook co-founder and former Obama staffer, buys The New Republic

WASHINGTON -- Chris Hughes, the out gay 28-year-old co-founder of Facebook who left the company to help create then Sen. Barack Obama's social media effort in his 2008 presidential campaign, has purchased a majority share of and has become the publisher and editor-in-chief of The New Republic, The New York Times reported and Hughes confirmed in a letter at The New Republic.

In his letter, he writes in part:

It seems that today too many media institutions chase superficial metrics of online virality at the expense of investing in rigorous reporting and analysis of the most important stories of our time. When few people are investing in media institutions with such bold aims as "enlightenment to the problems of the nation," I believe we must.

At the same time, his letter references "social networks, blogs, and daily aggregators" but adds, "In the next era of The New Republic, we will aggressively adapt to the newest information technologies without sacrificing our commitment to serious journalism."

Hughes is engaged to Sean Eldridge, a senior advisor at Freedom to Marry who previously served as the organization's political director. The couple were profiled in the May 2011 issue of The Advocate, as part of its 40 Under 40 list.

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