CBS News Teams Up with GlobalPost

Foreign-news Website GlobalPost, which is populated by some 70 affiliated correspondents in 50 countries, will provide reporting to CBS News under terms of an agreement to be announced Monday, The New York Times reported.

CBS News will pay a monthly fee to GlobalPost, and the agreement covers information but not on-air appearances, according to the Times.

GlobalPost was founded by New England Cable News creator Philip Balboni and The Boston Globe longtime foreign correspondent Charles Sennott, and Balboni told the Times talks between his company and CBS News intensified after the two parties collaborated using reporting by GlobalPost correspondent Jean MacKenzie on the Taliban skimming American aid in Afghanistan.

Balboni told the Times:

Having a broadcast-network partner was a high priority for us, and to be associated with CBS News is a great validation of what we are trying to build.

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