$200 million investment
NBC Universal invests $200 million strategic investment in Vox Media, to form a partnership between the new and old media companies to collaborate on programming, advertising and technology.
Executive Editor appointed
Klein announces that Yglesias – an economic blogger for Slate – will be the Executive Editor of his Vox news site. Klein himself will be Editor-in-Chief. Yglesias:
Now obviously the website itself needs a name and I suppose titles could change too as we build out the team…I’m very excited to be part of this team and we’re hoping to announce some more stuff in the near future.
Founds Vox
A week after leaving his position with the Washington Post, Klein announces the formation of a news site at Vox Media. The site is will for now be called “Project X”, and Post colleagues Melissa Bell and Dylan Matthews will make up part of Klein’s team.
Today, we are better than ever at telling people what’s happening, but not nearly good enough at giving them the crucial contextual information necessary to understand what’s happened. Our mission is to create a site that’s as good at explaining the world as it is at reporting on it.