Hard days at First Look

Djelloul Marbrook -  Mainstream journalism is now in the hands of five corporatoe dictators, five Citizens Kane. In committing $250 million to finance First Look and Intercept, eBay’s Pierre Omidyar promised to break this mold, this corporate manhandling of the news. American journalists took notice. Many applied for work at this new project, which has now, by its own admission, faltered. Faltered but not failed. It’s not clear whether Omidyar will mess with news content the way Jeff Bezos, Amazon monopolist, has clearly messed with The Washington Post and accelerated its hard-right turn. What is different here is that the medium itself is talking about its own internal struggles, something that has always been taboo in the news business:

The Inside Story Of Matt Taibbi’s Departure From First Look Media 

This is a remarkable article. We've never run across one so critical of the business that published it. - Undernews