Hellman to invest $5 million in journalism nonprofit

San Francisco financier Warren Hellman will invest $5 million to develop a nonprofit journalism venture that will provide regional news coverage online and feed stories to media partners including KQED and possibly the New York Times.

The goal of the organization, which is expected to begin next year and create "more than dozens" of positions, is to ensure thorough coverage of local politics, social issues, education and other topics as the ... Full Story »

Posted by Fabrice Florin - via OneRiot, MuckRack, New York Times (Most Emailed)

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Review

Chris Finnie
3.9
by Chris Finnie - Sep. 26, 2009

Everybody seems to agree that news needs to change. And that it will change. So it's nice to hear of new ideas--even though it's hard to tell how it will turn out. The article also raises some questions about how new developments will impact existing media outlets.

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Chris's Rating

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