Truth in journalism?

I initially thought this story (Subscription only, unfortunately) from the Chronicle of Higher Ed. was a subtle April Fools' joke. Apparently not, judging from other reports.

From the Chronicle:

New Scholarly Journal, in Clash of 'Interests,' Will Try to Fill a Public-Policy Void
By DAVID GLENN

It has been a season of farewells at two of the country's most prominent right-of-center policy journals. Next week, The Public Interest, a 40-year-old magazine of domestic policy, will publish its final issue. Meanwhile, The Public Interest's former sibling, the 20-year-old international-affairs magazine The National Interest, has been riven by discord: In March, 10 of the 14 members of its editorial board resigned en masse.

Now Francis Fukuyama, who has written for both magazines -- his classic essay "The End of History?" appeared in The National Interest in 1989 -- has announced plans for a new magazine that, he says, will strive to embody both Interests' past virtues. Its first issue will appear in September. Its title: The American Interest....

At least it can't be accused of hiding its biases.