As many of you know, I’ve had an interest in journalism for some time now. I’ve been working on Civil Beat for three years and through my philanthropic work at Omidyar Network and Democracy Fund, we’ve supported many efforts around the world related to media, citizen engagement, and government transparency and accountability.
Separate from my work with Omidyar Network and Democracy Fund, and as part of my growing interest to preserve and strengthen the role journalism plays in society, I explored purchasing The Washington Post over the summer. That 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.
I 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’s more that can be done in this space, and I’m eager to explore the possibilities.
Right now, I’m in the very early stages of creating a new mass media organization. I don’t yet know how or when it will be rolled out, or what it will look like.
What I can tell you is that the endeavor will be independent of my other organizations, and that it will cover general interest news, with a core mission around supporting and empowering independent journalists across many sectors and beats. The team will build a media platform that elevates and supports these journalists and allows them to pursue the truth in their fields. This doesn’t just mean investigative reporting, but all news.
As 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, 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.
I believe that independent journalists like Glenn, Laura, and Jeremy play an important role in our society. We’ll be working with them and others, but we have a long way to go in terms of what the organization looks like, people’s roles and responsibilities — all of those things still need to be worked out.
I’ll be sure to update you along the way as the new organization progresses.
- Bloomberg: EBay Founder Omidyar Backs New Media Venture
- Columbia Journalism Review: The Extraordinary Promise of the New Greenwald-Omidyar Venture
- The Guardian: Pierre Omidyar Commits $250m to New Media Venture With Glenn Greenwald
- Huffington Post: Pierre Omidyar, Glenn Greenwald to Support Independent Journalists With New Venture
- Marketplace: eBay Founder Pierre Omidyar Plans New Media Company
- Mashable: Who is Pierre Omidyar, the Man Behind Glenn Greenwald’s New Media Venture?
- The New York Times: An Interview With Pierre Omidyar
- Poynter: Pierre Omidyar Has ‘a Journalist’s Sensibility’
- Pressthink: Why Pierre Omidyar Decided to Join Forces With Glenn Greenwald For a New Venture in News
- Reuters: The Omidyar Way
- Reuters UK: EBay’s Omidyar and His ‘Next Adventure in Journalism’
- USA Today: Rieder: Can Rich Tech Guys Save Journalism?
- The Wall Street Journal: EBay Founder Plans News Venture
- The Washington Post: Ebay Founder’s Next Venture: Funding Watchdog Journalism