Huffington Post Launches Fund For Journos

Arianna Huffington announced the The Huffington Post Investigative Fund yesterday. This is a way to meet the fears of newspapers scaling back on investigative journalism, and the $1.75 million that is used to kickstart the venture will focus on just that.

The pieces developed by the Fund will range from long-form investigations to short breaking news stories and will be presented in a variety of media, including text, audio and video. And, in the open source spirit of the Web, all of the content the Fund produces will be free for anyone to publish.

The Atlantic Philanthropies and The Huffington Post is the forces behind the initiative, and they are publicly looking for potential editors to coordinate the project.

While this does indeed sound like a good idea – I personally truly appreciate the open source angle of it all – it will do little good by itself. On the other hand, if good journalistic pieces are developed through the fund, and getting the recognition as well as the traffic they deserve, that could potentially be a strong statement to newspapers and publishers that investigative journalism is worth spending a little money on. We’ll see soon enough.

Iranian Blogger Death Follow-Up

Huffington Post has an interesting piece up on Omid Reza Mir Sayafi’s death in an Iranian prison, written by an Iranian student (under a pseudonym of course). It brings some perspective, and springs from Sayafi’s writing, which is interesting of course. You can read his blog too, despite it being pulled offline, using the amazing Wayback machine.

Another interesting post on the topic is on Global Voices Online, about the Iranian online censorship. It puts things into perspective.

Huffington Doesn’t Think Blogs Will Kill The Newspapers

Arianna Huffington is interviewed by Metro Boston, focusing on the success of the Huffington Post of course. It appears she doesn’t think that blogs will kill the traditional newspapers:

More and more people get their news online, but they also read newspapers for other information. A lot of papers are also moving their content online. You have to, now that people expect to get news around the clock.

Sound words. Other than that, there’s not much to be had from the Metro piece, but do check it out if you’re in Huffington’s fan club.

The Huffington Post Raises $25 Million

The Huffington Post raises $25 million from Oak Investment Partners, according to the likes of VentureBeat, TechCrunch, and Silicon Alley Insider. Apparently the previous reports said $10 million, and if SAI is to be believed, this puts the value of the company at a whopping $100 million. I don’t know about that, but this just reaffirms my beliefs that the Huffington Post won’t be among the casualties of the recession.