eBay Founder Launching News Site in Hawaii
Pierre Omidyar is the latest Bay Area kajillionaire to jump into the save-the-news-business fray. According to a note posted on the site of his new business, Peer News, the eBay founder is creating a Honolulu-based “local news service” that will “produce original, in-depth reporting and analysis of local issues in Hawaii.”
The note offers few details, other than to say it will be online-only (this is 2009, after all, the note says), that it will focus on “public affairs and civic matters that impact communities across Hawaii,” and that it will launch in “early 2010.”
“The new venture intends to demonstrate that a digitally native, technologically fluent web organization can profitably serve targeted readers who want sophisticated journalism focused on local civic affairs,” writes Howard Weaver on his Etaoin Shrdlu blog. Weaver is former VP for News at The McClatchy Co., who has advised Omidyar and his partner, former eBay VP Randy Ching, on the venture. Read More…
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