First Amazon.com founder Jeff Bezos buys the Washington Post, now eBay founder Pierre Omidyar is chucking a quarter billion dollars at Glenn Greenwald to create a news organization that, presumably, will reflect the progressive politics that are Mr. Greenwald’s stock in trade.
Who will be the next Silicon Valley billionaire to buy his or her own major media presence? From Mr. Greenwald’s erstwhile employer, The Guardian:
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Pierre Omidyar, the founder of eBay, has revealed more details of the media organization he is creating with journalist Glenn Greenwald.
Greenwald announced on Tuesday that he was leaving the Guardian, where he has broken a series of stories on the National Security Agency, based on documents from whistleblower Edward Snowden.
In an interview with Jay Rosen, 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 “rising concern about press freedoms in the United States and around the world”.