
eBay founder Pierre Omidyar's new journalism project finally has a name: First Look Media. Jay Rosen is reporting new details on the upcoming site, which first garnered headlines when it hired NSA journalist Glenn Greenwald in October on the heels of a $50 million investment. Greenwald's corner of the organization is still unclear, but the new filings reveal an unusual financial structure, with journalism being done of a non-profit wing of the company, while it uses publishing tools developed by a separate for-profit technology division.
via The Verge - All Posts http://www.theverge.com/2013/12/19/5227900/pierre-omidyars-news-project-gets-a-name-and-a-business-model
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