Wednesday, November 16, 2005

Blogs Become Conglomerates

RED HERRING : "Open Source Media, an experiment in online media combining blogs and journalism, launched Wednesday after landing more than 70 contributors and $3.5 million in funding.

OSM will bring together bloggers and journalists to have "a very strong dialogue between opinion and fact," according to CEO Roger Simon, who said he is "effectively editor-in-chief."

The launch in New York City featured a speech about the credentials and privileges of journalists by former New York Times journalist Judith Miller, who recently left the paper in a cloud over questions about her contacts with White House officials in the CIA leak case.

El Segundo, California-based OSM, formerly known as Pajamas Media, has already won a reputation as a conservative blog network, with high-profile right-wing bloggers such as Michelle Malkin and Glenn Reynolds of "

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