{"id":35203,"date":"2013-10-21T12:00:45","date_gmt":"2013-10-21T11:00:45","guid":{"rendered":"http:\/\/www.transcend.org\/tms\/?p=35203"},"modified":"2015-05-05T22:21:20","modified_gmt":"2015-05-05T21:21:20","slug":"pierre-omidyar-commits-250m-to-new-media-venture-with-glenn-greenwald","status":"publish","type":"post","link":"https:\/\/www.transcend.org\/tms\/2013\/10\/pierre-omidyar-commits-250m-to-new-media-venture-with-glenn-greenwald\/","title":{"rendered":"Pierre Omidyar Commits $250m to New Media Venture with Glenn Greenwald"},"content":{"rendered":"<p><i>Omidyar\u00a0says decision to set up news organisation fuelled by &#8216;concern about press freedoms in the US and around the world&#8217;.<\/i><\/p>\n<p>Pierre Omidyar, the founder of eBay, has revealed more details of the media organization he is creating with journalist Glenn Greenwald.<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.theguardian.com\/media\/2013\/oct\/15\/glenn-greenwald-announces-departure-guardian\" >Greenwald announced on Tuesday [15 Oct 2013] that he was leaving the Guardian<\/a>, where he has broken a series of stories on the National Security Agency, based on documents from whistleblower Edward Snowden.<\/p>\n<p>In an\u00a0<a target=\"_blank\" href=\"http:\/\/pressthink.org\/2013\/10\/why-pierre-omidyar-decided-to-join-forces-with-glenn-greenwald-for-a-new-venture-in-news\/\" >interview with Jay Rosen<\/a>, media critic and NYU professor of journalism, Omidyar said he was committing an initial $250m to the as-yet-unnamed venture. Omidyar told Rosen the decision was fuelled by his \u201crising concern about press freedoms in the United States and around the world\u201d.<\/p>\n<p>Omidyar said he hopes the project will promote \u201cindependent journalists with expertise, and a voice and a following\u201d while using Silicon Valley knowhow to build an audience. \u201cCompanies in Silicon Valley invest a lot in understanding their users and what drives user engagement,\u201d Omidyar said. The company will be online only and all proceeds will be reinvested in journalism.<\/p>\n<p>In a\u00a0<a target=\"_blank\" href=\"http:\/\/omidyargroup.com\/pov\/2013\/10\/16\/my-next-adventure-in-journalism\/#.Ul7elruHe_H\" >blogpost,\u00a0<\/a>the eBay billionaire revealed that he had been exploring a purchase of the Washington Post, which was ultimately bought by Amazon founder Jeff Bezos.<\/p>\n<p>\u201cThat process got me thinking about what kind of social impact could be created if a similar investment was made in something entirely new, built from the ground up. Something that I would be personally and directly involved in outside of my other efforts as a philanthropist,\u201d wrote Omidyar.<\/p>\n<p>\u201cI developed an interest in supporting independent journalists in a way that leverages their work to the greatest extent possible, all in support of the public interest. And, I want to find ways to convert mainstream readers into engaged citizens. I think there\u2019s more that can be done in this space, and I\u2019m eager to explore the possibilities,\u201d he wrote.<\/p>\n<p>Omidyar said he was in the \u201cvery early stages of creating a new mass media organization. I don\u2019t yet know how or when it will be rolled out, or what it will look like.\u201d He said the organization would cover general news as well as investigative journalism.<\/p>\n<p>\u201cAs part of my learning process, I recently reached out to Glenn Greenwald to find out what journalists like him need to do their jobs well. As it turns out, he and his colleagues Laura Poitras  and Jeremy Scahill [author and national security expert], were already on a path to create an online space to support independent journalists. We had a lot of overlap in terms of our ideas, and decided to join forces,\u201d wrote Omidyar.<\/p>\n<p>\u201cI have always been of the opinion that the right kind of journalism is a critical part of our democracy,\u201d he told Rosen.<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.theguardian.com\/media\/2013\/oct\/16\/pierre-omidyar-ebay-glenn-greenwald\" >Go to Original \u2013 theguardian.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Decision to set up news organisation fuelled by &#8216;concern about press freedoms in the US and around the world&#8217;. Pierre Omidyar, the founder of eBay, has revealed more details of the media organization he is creating with journalist Glenn Greenwald.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-35203","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/35203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/comments?post=35203"}],"version-history":[{"count":0,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/35203\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/media?parent=35203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/categories?post=35203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/tags?post=35203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}