The Intercept was created for the purpose of publishing the Snowden archive. After a few articles, they decided they weren't going to do it any more, for reasons which are never entirely clear (Greenwald gave different justifications each time). And Greenwald was very aware of this:
> On 12 March Poitras was told on a telephone call with Greenwald and Wilson that Greenwald and Reed had decided to shut the archive, because it was no longer of value to The Intercept. On the same call, according to her account, Greenwald said the decision should not be made public because it would look bad for him and for The Intercept. Two days earlier the problem had been money, but now it was "value".
Speculation: the Intercept was a move by the NSA to shut down the last copy that hadn't already complied. Get a friendly billionaire acting as a concerned citizen, shower the key individuals with money, and once they're hooked make it clear that if the publication continue the money stops.
> In October 2013, tech billionaire Pierre Omidyar founded First Look Media (FLM), a New York nonprofit, as a collaboration with Greenwald, Poitras and Jeremy Scahill, with a promised $250 million in funding. FLM's first publication, The Intercept, launched on 10 February 2014 with purpose to report the Snowden documents.
( ... )
> The Intercept paid its senior journalists well. FLM reported $1.6 million to Glenn Greenwald's company between 2014 and 2017; $349,826 in total compensation to Jeremy Scahill in 2015; $368,249 to Betsy Reed in 2017. Charles R. Davis, writing in the Columbia Journalism Review, noted that such figures "are large for digital media and noteworthy in the world of progressive, nonprofit journalism."
alt Hacker News
The Intercept was created for the purpose of publishing the Snowden archive. After a few articles, they decided they weren't going to do it any more, for reasons which are never entirely clear (Greenwald gave different justifications each time). And Greenwald was very aware of this:
> On 12 March Poitras was told on a telephone call with Greenwald and Wilson that Greenwald and Reed had decided to shut the archive, because it was no longer of value to The Intercept. On the same call, according to her account, Greenwald said the decision should not be made public because it would look bad for him and for The Intercept. Two days earlier the problem had been money, but now it was "value".
Speculation: the Intercept was a move by the NSA to shut down the last copy that hadn't already complied. Get a friendly billionaire acting as a concerned citizen, shower the key individuals with money, and once they're hooked make it clear that if the publication continue the money stops.
> In October 2013, tech billionaire Pierre Omidyar founded First Look Media (FLM), a New York nonprofit, as a collaboration with Greenwald, Poitras and Jeremy Scahill, with a promised $250 million in funding. FLM's first publication, The Intercept, launched on 10 February 2014 with purpose to report the Snowden documents.
( ... )
> The Intercept paid its senior journalists well. FLM reported $1.6 million to Glenn Greenwald's company between 2014 and 2017; $349,826 in total compensation to Jeremy Scahill in 2015; $368,249 to Betsy Reed in 2017. Charles R. Davis, writing in the Columbia Journalism Review, noted that such figures "are large for digital media and noteworthy in the world of progressive, nonprofit journalism."