Social media meets old media:

Saying that he's convinced "the demand for long-form, quality journalism is strong in our country," Facebook co-founder Chris Hughes tells NPR's Steve Inskeep that he's buying The New Republic.

That's a magazine, as Steve says, which is four times older than its new owner. Hughes is 28.

"People still want independent, rigorous reporting and The New Republic has been a place where that happens," Hughes tells Steve during a conversation that's to be broadcast on Friday's Morning Edition.