Episode Summary
Executive Summary: Gary Belsky explains how he rose from teen freelance writer in St. Louis to editor-in-chief of ESPN The Magazine, emphasizing the blend of journalism, business sense, and luck that shaped his path. The conversation covers magazine economics, ESPN’s brand strategy, editorial philosophy, the role of print in a digital age, and why curation, surprise, and a distinct voice still matter.
Main Topics: Career path into journalism and editing (Priority: 5/5): Belsky recounts his early freelance writing, abandoning law school, and entering business journalism through a local paper, then moving through Crane’s and Money Magazine before ESPN. What business journalism taught him (Priority: 5/5): He argues that business reporting trains journalists to be exact, numerate, and attentive to strategy, while also teaching that good storytelling is present even in numbers. How ESPN The Magazine positioned itself (Priority: 5/5): The magazine was designed as a quirky, playful, entertainment-oriented sports product aimed at younger male readers rather than a traditional sports publication. Managing creativity inside a large media company (Priority: 4/5): Belsky describes his daily role as mostly management, coordination, and ideation—setting direction, editing selectively, and enabling staff creativity across ESPN platforms. Print, digital, and the value of curation (Priority: 5/5): He explains why print still matters: it offers physical experience, limits choice, and provides a curated answer to information overload in a web-saturated world. Audience research and editorial judgment (Priority: 4/5): He says research matters, but the best magazine balances what readers expect with surprise; his rule of thumb is whether at least 10% will love it and the rest won’t be offended. Trivia, sports culture, and the fun of the job (Priority: 3/5): The interview ends with Belsky sharing favorite trivia questions and reflecting on the delight of sports media, from the Body Issue to once-in-a-lifetime access at major games.
Key Arguments: Early opportunities often come from being visible, doing good work, and calling back after interviews; career advancement was driven as much by persistence as by credentials. Business journalism is excellent training because it forces precision, attention to economics, and understanding of institutional strategy, all of which apply beyond business sections. A magazine like ESPN The Magazine succeeds by being entertaining, quirky, and conversational rather than strictly informational; sports is part of an entertainment continuum. Good journalism can survive advertiser pressure if the product is strong enough; credibility and readership ultimately matter more than short-term ad threats. Magazines should not try to satisfy everyone; editorial success comes from meeting expectations, occasionally surprising readers, and avoiding offense that turns core readers away. Digital abundance creates anxiety and choice overload; print’s enduring value lies in curation, physicality, and offering a finite, coherent reading experience. The job of editor is now largely managerial and strategic, but creativity still occurs in short bursts through collaboration with talented staff. Many public complaints online reflect people’s worst impulses rather than a true increase in meanness; social norms usually keep those impulses in check offline.
Data Points: Age started writing professionally: 16 - Belsky began professional writing as a teenager in St. Louis. Year he took first major journalism job: 1984 - He joined the St. Louis Business Journal after leaving law school. Starting salary at St. Louis Business Journal: $15,000 - The offer that got him into full-time journalism. Salary at Crane’s New York Business: $32,000 - He moved to New York in 1986. Rent in New York apartment: $750 per month - He described his early New York apartment as either terrible or a fantastic tenement. Time spent at Money Magazine: 8 years - He worked there before moving on toward ESPN. ESPN The Magazine launch date: March 1998 - He identifies the magazine’s official debut as the current version. Median reader age: 31 - He says the magazine aimed for and maintained a median reader age around 31. Office hours: 10 to 6 - Official office hours, though people flex schedules around family needs. Typical work arrival/departure: 8:30 or 8 to 6:30 or 7 - His own daily routine as editor. Email volume: 300-400 per day - He estimates he receives this many emails daily, with about 200 requiring response. Share of job that is actually editing: 10% - He says most of his current role is management and coordination. Share of job related to sports itself: 40% - His estimate of how much of his job is about sports content and thinking. Share of job devoted to deep thinking/economics: 25-30% - He contrasts his role with an academic’s more research-intensive day. ESPN The Magazine circulation: 2 million subscribers - He says the magazine reaches about two million subscribers every two weeks. Estimated issue readership: 14 million people - He says roughly this many people see issues every two weeks. ESPN Insider status: 2nd or 3rd largest paid non-pornographic site - He describes Insider as one of the largest paid websites online. World Cup special sales: Best-selling standalone special except Michael Jordan Hall of Fame issue - He says the World Cup preview was selling exceptionally well.
Pivotal Quotes: "if you keep doing this kind of journalism, they're gonna have to come back." — Gary Belsky: Rance Crane reassured him after an advertiser threatened to pull ads from a hard-hitting business story. "we don't take ourselves seriously, we take sports seriously" — Gary Belsky: He summarizes ESPN The Magazine’s tone and editorial philosophy. "it's actually people aren't more mean than we think. The web allows people's inner thoughts to come out." — Gary Belsky: He reflects on online comments and the role of social norms in civil behavior.
Implications: Media brands win by combining strong identity, smart curation, and cross-platform reach. Even in digital markets, print can survive if it offers a distinct experience readers trust and value more than infinite web choice.
About EconTalk
EconTalk: Conversations for the Curious is an award-winning weekly podcast hosted by Russ Roberts of Shalem College in Jerusalem and Stanford's Hoover Institution. The eclectic guest list includes authors, doctors, psychologists, historians, philosophers, economists, and more. Learn how the health care system really works, the serenity that comes from humility, the challenge of interpreting data, how potato chips are made, what it's like to run an upscale Manhattan restaurant, what caused the...