Monday, November 25, 2013

Media: "PandoDaily acquires NSFWCORP to double down on investigative reporting"

Pando has developed into a solid little news source, this next step should be interesting.
From PandoDaily:
There are three people who have long been on my dream team to help me build PandoDaily. One of them I’ve still gotta work on. The second is Mike Tatum, who keeps saying no and then keeps doing work for us for free anyway. The third is joining us today by way of acquisition.

I’m sure regular readers can guess who I am talking about: Paul Carr. I’m thrilled to announce that PandoDaily has reached a deal to acquire his company, NSFWCORP.

But it’s a lot better than that. We aren’t just getting Paul. I’m equally thrilled to announce that we’re also adding Mark Ames, Brad Jonas, Yasha Levine, and David Sirota as full-time staffers. NSFWCORP contributors like John Dolan and Dayvid Figler will be making regular appearances too, and Katherine Dolan will continue to work her copy editing magic behind the scenes.

This team will form the core of a new investigative reporting unit at PandoDaily, of which Paul will be the editor. Our regular PandoDaily staff will also be working with Paul on more long-form, investigative pieces as well. The goal? To produce one-to-two “Holy Shit!” stories per week.
This is going to be fantastic.

There are three predictable reactions to this news:
  • Are you just bailing Paul out because you guys are friends?
  • Wait, the two weren’t already the same company?
  • About time!
The answer to no. 1 is a clear “no.” Paul can attest I’ve been a brutal negotiator throughout this process, our friendship aside. The answer to no. 2 is we’ve long been sister companies but separate organizations. The answer to no. 3 is a clear and resounding: Yes, it is. High time....