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Posts Tagged ‘CrunchFund’

Revolving Door: Trust in Media, Perez Hilton, Meredith, and More

We omitted last week’s usual Thursday Revolving Door column, so we present a special Monday edition. We’ll be back to our regularly scheduled articles this Thursday.

A Gallup poll found that 55 percent of Americans have little or no trust in the media, and 77 percent of respondents to a Pew survey said media outlets “tend to favor one side.” But the Pew poll found that only 39 percent of Americans have little or no trust for media. Pew also recently found that local news is a major info source for many.

TechCrunch founder Michael Arrington has already launched a new blog, Uncrunched, where he says he’ll be doing “the same thing I’ve been doing since 2005.” His first post, which simply read “Here I am,” has 512 comments. You’ll remember that Arrington ran into issues when his venture capital fund Crunchfund was announced. He officially left AOL a couple of weeks ago.

Speaking of TechCrunch, Paul Carr, the TC writer who fired off a resignation post recently, is launching a new company backed by Zappos CEO Tony Hsieh and Michael Arrington, Business Insider reports. Sources tell BI that the company will focus on media and technology.

Perez Hilton’s family-focused blog (reallyPerezitos has launched.

Staffers from both editorial and marketing have left Meredith.

Click through for more of the latest media changes.

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TechCrunch Reporters Speak Out About CrunchFund

TechCrunch's Michael Arrington

TechCrunch writers are speaking out about the news that TechCrunch founder Michael Arrington is launching a $20 million venture capital fund, CrunchFund, news that has been met with criticism and confusion since it was announced.

Writer MG Siegler’s post “TechCrunch As We Know It May Be Over” warns AOL against bringing in their own EIC to replace Arrington, saying it would be a “a colossal fucking mistake” and says he’s letting “our readers, know before you find out via a press release.” Writer Paul Carr defends the site against a separate column in the Times that also questions the ethics of the launch. (TechCrunch’s Carr previously wrote a column criticizing the move though supportive of Arrington and the site.)

Both writers talk about the journalistic independence that TechCrunch reporters have, and it’s both interesting and insightful to read these two columns about the situation. But it would be better for TechCrunch if there was a more cohesive message coming from the company leadership on what’s happening.

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