Forced sale In 2000, government investigations of The American Spectator caused Tyrrell to sell the magazine to venture capitalist George Gilder. In 2003, Gilder, having a series of financial and legal setbacks, resold the magazine back to Tyrrell and the American Alternative Foundation, the organization under which the magazine was originally started, for a dollar. The magazine was initially called The Alternative. The name of the owner was changed to the American Spectator Foundation. The magazine then moved operations back to the Washington, DC, area. Later that year, former book publisher Alfred S. Regnery became the magazine's publisher. By 2004, circulation hovered at around 50,000.
Forced sale In 2000, government investigations of The American Spectator caused Tyrrell to sell the magazine to venture capitalist George Gilder. In 2003, Gilder, having a series of financial and legal setbacks, resold the magazine back to Tyrrell and the American Alternative Foundation, the organization under which the magazine was originally started, for a dollar. The magazine was initially called The Alternative The name of the owner was changed to the American Spectator Foundation. The magazine then moved operations back to the Washington, DC, area. Later that year, former book publisher Alfred S. Regnery became the magazine's publisher. By 2004, circulation hovered at around 50,000.