From a story  on cnn.com by Leah Asmelash headlined “Long-standing literary magazines are struggling to stay afloat. Where do they go from here?”:

The Believer was once at the top of the literary magazine game.

A leading journal of art and culture, The Believer published the work of icons like Leslie Jamison, Nick Hornby and Anne Carson. It won awards, it launched careers — it created a home for off-beat, quirky writing. When the Black Mountain Institute at the University of Nevada bought the magazine, observers spoke of Las Vegas as a potential new hub for literary arts.