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(See: Jeff Bezos buys The Washington Post or Pierre Omidyar finances Glenn Greenwald in an investigative journalism venture).
Glenn Greenwald, who broke the NSA-Edward Snowden story for the Guardian, is the headliner in a new left-oriented journalism venture backed by eBay founder Pierre Omidyar.
In the middle of a media-saturated political season, Jared Kushner, publisher of The New York Observer, has been quietly nurturing an ambitious political journalism venture.
As struggling newspapers across the country cut back on investigative reporting, a new kind of journalism venture is hoping to fill the gap.
It is entirely in character that Pierre Omidyar chose the second option, bankrolling the new journalism venture of Glenn Greenwald, best known for his reporting on the National Security Agency.
Even though electronic distribution had been recognized as the future of news media since at least the 1970s, the changes were incremental enough that even in 1997 it seemed logical for a new journalism venture — one that was about the Internet economy, no less — to use print as its primary platform.
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Jan Schaffer of J-Lab, a journalism think-tank at American University in Washington, DC, estimates that American foundations have donated at least $250m to non-profit journalism ventures since 2005.Many of these, such as the Texas Tribune, cover state politics.
(I should say that I am a longtime denizen of this world; I'm involved with several nonprofit journalism ventures, I've written occasionally for The New Republic since the late nineteen-seventies, and my wife was a senior editor there who arrived early in the Hughes era and was part of an exodus of editorial staff a couple of years later).
Government media subsidies are gradually being cut back, but Blendle won a €200,000 grant from a government fund for new journalism ventures, matching the initial €200,000 put in by its founders and financial backers.The hardest part was bringing publications on board Blendle.
"In terms of these new journalism ventures, there's more activity in health than in any other area, and they're all slightly different," said Louis Freed- berg, director of the California Media Collaborative, which sponsored a conference on health journalism in Los Angeles last week.
He's now launching a data-journalism venture within the Times that staffers see as a more natural fit for his talents than the day-to-day running of the bureau.
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