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Stock impact report

Politico founder plots new Washington newspaper war [Yahoo! Finance]

IAC/InterActiveCorp (IAC) 
Last iac/interactivecorp earnings: 2/5 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: iac.com/investor-relations/overview
Company Research Source: Yahoo! Finance
Robert Allbritton, who founded Politico and NOTUS and whose father owned the Post rival Washington Star, has discussed taking advantage of the Post's large-scale layoffs and damaged brand by significantly expanding NOTUS, a public-spirited and education-oriented source of government coverage, into a full-scale news operation, potentially even under a different name. The Politico founder and NOTUS editor-in-chief Tim Grieve have aggressively privately pursued many of the top remaining names at the Post, hoping to peel off a significant number of top journalists to help the publication become an immediate player in DC. Allbritton and Grieve have approached senior congressional correspondent Paul Kane, White House bureau chief Matt Viser, chief economics correspondent Jeff Stein, tech reporter Drew Harwell, White House reporter Dan Diamond, and columnist Carolyn Hax, among others. The publication could replicate some of the success of Politico by launching an events and pricey subsc Show less Read more
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