This venture came about because Arianna Huffington, co-founder and editor-in-chief, is concerned that the massive layoffs being experienced in the newspaper industry is hurting investigative journalism at a time when it is needed most. Huffington also hopes that this move will encourage others to fund similar ventures.
The Huffington Post skews liberal, but its founder promised that the work done by the investigative fund would be nonpartisan. The group would be discredited quickly if it puts out faulty information, said Nick Penniman, the fund’s executive director.
“We care about democracy, not Democrats,” he said.
Rosenstiel said the HuffPost is following another recent trend encouraging content to be reproduced virally for maximum exposure, instead of trying to direct people exclusively to the site.
The HuffPost also promises to give a higher profile to work produced by other reporting groups, such as The Center for Public Integrity and The Institute for Justice and Journalism.
Source: Huffington Post
I realize that there is probably going to be a lot of controversy over this just because it is the Huffington Post but it is an encouraging sign that we are at least trying to find new ways to keep journalism alive.