Breaking: 65 Journalists to Get Paid 'Small Amount' by True/Slant

True/Slant has made a ‘soft launch’ as an ‘original content news network’. Or the best way we’ve come up with to further stalk Matt Taibbi. Or former LAT editor Matt Welch. We love how True/Slant has so many working journalists – working more. Innovative.

Walter S. Mossberg at WSJ writes on All Things Digital:

The journalists are paid a small amount, but the plan is to turn them into minipublishers under the True/Slant umbrella. They will be offered a share of the advertising and sponsorship revenues their individual pages generate and, in some cases, equity in True/Slant, which is backed by venture capital.

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