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In reply to the discussion: Greenwald debuts Omidyar-backed The Intercept [View all]Blue_Tires
(57,596 posts)I'm also interested to see how the wider business plan takes shape, since from the beginning they've been very scant on the details...Omidyar says he's willing to dump in a quarter of a billion so it's clear he's willing to operate without advertising or absorb a loss in the short term (fwiw, $250 million would have bought the Washington Post and their affiliate papers lock, stock and barrel)...Moving forward I'll be interested in seeing how a site which supposedly wants to do investigative reporting in all fields can keep their mission clear while wooing/keeping advertisers...
No one likes me bringing it up, but for such a risky venture in a high-stakes market, naming Greenwald to lead it is highly questionable, unless Omidyar just wanted in the publicity splash of hiring the journalist everybody was talking about for the moment...If Snowden for whatever reason decided to take his goodies to another journalist, would Greenwald even have been in the top 20 of possible candidates (and I'm being generous) to lead this? To say nothing of the fact that despite his fearlessness and fighting spirit; for someone so vested in 'advocacy journalism', Greenwald's writing style is pure shit...
Whatever the price Matt Taibbi is asking for to get pried away from Rolling Stone, Omidyar better scratch out a check...