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The Media Consortium is a collaborative network of liberal news organizations whose work includes digital innovation, advertising and media business studies.
The consortium was founded in 2005 and formally launched in 2006 by about two dozen news organizations, and it currently has 46 members, including Mother Jones, The Nation and Salon. The consortium three staff members and an annual budget of less than $500,000.
The consortium developed an Incubation and Innovation Lab in 2009 on the heels of a study on the future of journalism to help develop digital media products and strategies. The lab focuses on developing new revenue streams, mobile media and community engagement.
The Daily Beast is a news website founded in 2008 by former Vanity Fair and New Yorker editor Tina Brown that primarily aggregates content from across the web. The site is owned by Barry Diller’s Internet media company IAC/InteractiveCorp and has received most of its funding from the company. The Daily Beast began without advertising…