p2pnet news view P2P:- The Huffington Post says it’s, “collaborating with The Atlantic Philanthropies and other donors to launch the Huffington Post Investigative Fund with an initial budget of $1.75 million”.

“That should be enough for 10 staff journalists who will primarily coordinate stories with freelancers,” according to Arianna Huffington, co-founder and editor-in-chief.

She has a “regular seat at soirées in the Washington–New York City–Los Angeles triad” and was “once referred to as ‘the most upwardly mobile Greek since Icarus’,” according to Time, going on:

“In February the Huffington Post, the website she started in 2005 with Ken Lerer and viral-marketing guru Jonah Peretti, became the 15th most popular news site, just below the Washington Post’s and above the BBC’s.”

Ex-RIAA boss Hilary Rosen

“The Huffington Post has established itself as both a credible and diverse news organization as well as the pre-eminent home for progressive opinion.”

So said ex-RIAA boss Hilary Rosen, bolstering the credibility claim with her then just-announced appointment as the Huffington Post’s political person.

Now, Huffington — who once wanted to be governor of California — and her donors are concerned that layoffs at newspapers are, “hurting investigative journalism at a time the nation’s institutions need to be watched closely” and she “hopes to draw from the ranks of laid-off journalists”.

Work produced by the team, “will be available for any publication or Web site to use at the same time it is posted on The Huffington Post,” and, “Huffington said she hoped to encourage others to fund similar ventures,” says the announcement.

["Arianna Huffington talks to the media during her short-lived attempt to become governor of California at UC Berkeley on September 11, 2003," says the caption to the photo on the right, taken by Minesweeper and released on the Wikipediaen:GNU FDL.]

Huffington Post – Huffington Post Launches Investigative Journalism Venture,  March 19, 2009
Time – Arianna Huffington: The Web’s New Oracle, March 19, 2009
ex-RIAA boss Hilary Rosen – Hilary ‘RIAA’ Rosen: Huffington Post polperson, May 26, 2008

March, 2009

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