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Old-media money for new-media ideas

September 20, 2006 by Scott Rosenberg

Congratulations to Jay Rosen, who today announced a $100,000 grant from Reuters to underwrite hiring a full-time editor at NewAssignment.net, Jay’s nascent experiment in networked “smart-mob”-style journalism (which I earlier discussed here).

That’s a significant sum from an old-school media outfit that is putting its cash where its talk is. (Full disclosure: Rosen asked me this summer to join an informal advisory board for his undertaking, which I’ve been happy to do.)

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