Former New York Times Executive Editor Jill Abramson shed light this weekend on her plans with Steven Brill to grow a start up.
Writers will be paid advances around $100,000 to produce stories that will be longer than long magazine articles but shorter than books, she said. There will be “one perfect whale of a story” each month and it will be available by subscription.
She discussed her plans during an hour-long keynote interview at Journalism & Women Symposium’s annual Conference and Mentoring Project. She declined to name any funders. She and Brill haven’t settled on a name yet.
#jillatjaws Jill Abramson on her new digital venture w/ Steve Brill: one perfect big story a month, w/ advances averaging $100,000.
— Diana B. Henriques (@dianabhenriques) November 1, 2014