eBay founder to launch independent mass-market news venture


Sarah McBride
Reuters
Oct. 17, 2013

eBay Inc founder Pierre Omidyar on Wednesday said he is building an independent media organization covering news from sports to politics for mainstream readers, spearheaded by big names including ex-Guardian correspondent Glenn Greenwald.

Omidyar, the 46-year-old French-born Iranian-American who remains chairman of the e-commerce giant he founded, wrote in a blog post that he considered buying the Washington Post – which Amazon.com Inc founder Jeff Bezos eventually snapped up – but decided he wanted to build a news organization from the ground up.

“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,” he wrote.

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