Former 'Vanity Fair' Editor to Launch Site

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LOS ANGELES Move over, Matt Drudge. A fresh site for aggregating links to the hottest news stories is coming courtesy of Barry Diller and Tina Brown.

Diller’s IAC/InterActiveCorp. and Diller will bankroll the effort, which doesn’t have a name or a launch date. The site will be run by Brown, the so-called “Queen of Buzz,” famous for having once been the editor of Vanity Fair and the New Yorker.

Brown also authored The Diana Chronicles her tell-all book about Princess Diana, and is writing The Clinton Chronicles for release in 2010.

Diller, IAC and Brown aren’t discussing details of their venture, though published reports have former Wall Street Journal deputy managing editor Edward Felsenthal as the site’s planned editor.

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