The news that Microsoft and NBC News dissolved their partnership over the weekend isn't really exciting to anyone but journalists, but this bit of information from the Verge should be exciting to anyone who pays attention to news:
Most interestingly, though, Microsoft plans to strike out on its own this fall with original online reporting. Visse told the AP that MSN will be building a brand-new news team of approximately 100 journalists, or roughly the same size as the original group of reporters behind MSNBC.com at its launch in 1996.
With the rumors spreading last week that Rupert Murdoch may finally be putting his iPad-only newspaper The Daily down after the election, this is welcome news. Someone needs to finally get online news right, and Microsoft at least has the cash to make a good attempt. Let's hope their new effort is based in the Seattle area; New York is over-saturated with media outlets, and you wind up with a lot of inbred organizations that pass reporters back and forth, resulting in a myopic worldview. The distance from New York would serve Microsoft's news organization well.
2
3
8
9
10
12
In putting his considerable money where his mouth is—Buffett’s company is in the process of buying 63 Media General newspapers for $142 million—the chief executive is challenging the widespread belief that the industry is trapped in a death spiral. His move comes at a time when the New Orleans Times-Picayune and three other Newhouse papers in Alabama are cutting back publication to three days each week.
13
Comments (13) RSS