Huffpo Announces Its Ripping Off ProPublica's Idea With A Fraction of the Money

ProPublica is an independent newsroom to fund investigative journalism. They work with about a $10 million dollar budget.

Huffpo announced today:

The popular blog is collaborating with The Atlantic Philanthropies and other donors to launch the Huffington Post Investigative Fund with an initial budget of $1.75 million. That should be enough for 10 staff journalists who will primarily coordinate stories with freelancers, said Arianna Huffington, co-founder and editor-in-chief of The Huffington Post.

So, does this mean the Drudge Report Investigation Fund will launch soon?

Meh.

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