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The announcement of the Huffington Post’s new fund for investigative journalism comes at an important – and sensitive – moment for the website as it seeks to make the transition from new kid on the block to key member of the media establishment.
Less than four years old, HuffPo has become one of the largest digital media current affairs sites. Its relative influence, with more than 4 million unique users a month, has been amplified by the turmoil in traditional US outlets, notably newspapers.
Arianna Huffington, the website’s hyper-connected founder, referred to the newspaper meltdown in her explanation for the rationale behind the new investigative fund. “All who recognise the indispensable role good journalism plays in our democracy are looking for ways to preserve it during this transitional period.”
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