InterActive Corp backing the “Queen of Buzz” for a news site

Best editor money can buy. At least, that’s the pitch. Internet media mogul Barry Diller is teaming up with former Vanity Fair and New Yorker editor Tina Brown to launch an aggregator news site, reports Radar. In a conversation with the Monday Note last September in Monaco, Diller hinted that he was up to launch a news site, saying that, news media were far for having grasp all the potential of the internet.

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  1. conglomerate — When accumulating, coherence turned to be key Pendulum swing. Until recently, Barry Diller, founder and chairman of InterActiveCorp (IAC) was seen as the epitome of the digital media mogul, having accumulated something like 60 specialized brands, from Ask.com to a site called College Humor. Disparity was the trademark, and it was a probably Diller biggest mistake. Thirteen years into the IAC adventure, [...]...
  2. The tragic economics of ultra-small news sites Two days before heading the Elysée gathering, I had a conversation with the founder of a tiny French news sites called Bakchich. info. The guy’s name is Nicolas Beau. He has a hell of a track record in investigative reporting. He spent quite a while at le Canard Enchained, a satirical newspaper-like weekly known for [...]...
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  4. MainStreet, biz site, too “people” When it came out, TheStreet.com Network’s new spin-off had a promising baseline : “Where Life and Money Intersect”. Good idea, in theory, to inject tabloid distance into dry business news coverage. So far, something’s not working in MainStreet.com, however: too light, too “people”. Let’s see how much time they need to find the right balance. [...]...
  5. Opening the News Warning: religious debate here. Should a news web site be open or closed, free or paid-for? There is no simple answer, of course, as hybrid models are a likely part of our future. But, first, let’s review the paid-for model I addressed in previous issues of the Monday Note as well as in the French [...]...

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