Glenn Greenwald Escapes His $100 Million Webzine, by Ron Unz

There are a lot of alternative media sites that produce much better material than The Intercept at a fraction of the cost. From Ron Unz at unz.com:

Several years ago during the height of the Edward Snowden/NSA spying scandal, Glenn Greenwald was sometimes described as the world’s most famous journalist. I think that characterization was probably correct, at least if we exclude Julian Assange from consideration.

The American government has emphatically denied that Assange was ever a journalist, now working to prosecute him for espionage and sentence him to life in a maximum security prison. Meanwhile, it did grudgingly concede that protective status to Greenwald. So the fates of the two most famous figures who revealed American crimes to the world sharply diverged, and the year after Assange was forced to desperately seek asylum in the Ecuadorian embassy in London and begin his long period of miserable confinement to a single room, Greenwald made worldwide headlines as founding editor of a lavishly-funded new journalistic enterprise that captured the imagination of the world.

That venture was First Look Media, established by Tech billionaire Pierre Omidyar, who pledged $250 million in financial support. Its first and only visible project has been The Intercept, an outlet intended to provide a home for fearless investigative journalism, free from the pressures and dishonest compromises so often found in traditional media outlets. Greenwald’s two fellow founding editors were Laura Poitras, an award-winning documentarian who had collaborated on the Snowden project, and Jeremy Scahill, whose best-selling books had lacerated the American crimes committed during our disastrous Iraq War, focusing especially upon the huge growth of international mercenary outfits, now euphemistically styled as “military contractors.”

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