The Paris Review was always a struggling literary magazine – low subscriber base and shoestring budget. But “last week’s George Plimpton tribute, a celebrity-studded gala at Cipriani on 42nd Street, raised $500,000 for the Paris Review Foundation, bringing the foundation’s endowment to about $1 million. Now literary insiders are buzzing about how what used to be a for-profit magazine that lost money every year has turned into a bustling nonprofit with a shot at long-term profitability. Meanwhile, the search for a new editor has begun.”