The news startup from Jill Abramson and Steve Brill might have a Huffington Post connection.
According to The New York Times, Abramson and Brill have discussed a potential deal with Arianna Huffington and AOL CEO Tim Armstrong, in which HuffPost would “host” the new site.
The TBD site from Abramson and Brill will be subscription-based (likely about $3 per month) and will feature one longform story each month. Abramson has said they hope to pay writers up to $100,000 for each piece. If so, support from HuffPost would be helpful.
As of now, the talks are still going. Brill told the Times “The discussions are fairly serious and reaching a decision point.”