Former Politico CEO Jim VandeHei to Launch Subscription-Based News Company

Basically Politico Pro 2.0.

As many have guessed, Politico co-founder and former CEO Jim VendeHei’s future involves a news company.

According to The Wall Street Journal, the venture will be subscription-based and target corporate exes. Areas of coverage will include tech, health care, business, politics and media. So yes, call it Politico Pro 2.0.

VandeHei plans to launch the site early next year with roughly 60 staffers based in Arlington and New York.

As for staffing, VandeHei will serve as chairman and CEO; Roy Schwartz as president and Nicholas Johnston as editor in chief. Mike Allen will join the company after he leaves Politico in November.