This is major. BuzzFeed was out first with the story (hat tip Deontos via Business Insider):
Greenwald, 46, published revelations from former National Security Agency contractor Edward Snowden about the extent of American and British domestic spying and about officials’ deception about its scope. He said he is departing for a new, “once-in-a-career dream journalistic opportunity” with major financial backing, the details of which will be public soon.
Both the Guardian and Greenwald bent over backwards to say nice things about each other, so there is no sign that the normal journalistic process or Guardian’s commitment of resources to the NSA reporting had anything to do with Greenwald leaving.
I hope this works out well for him. We could use more independent voices and platforms. The potential flies in the ointment are that Greenwald will be have to commit time to the business of the business (which even with big funding and professional managers will still take time away from Greenwald’s own writing and reporting) and whether his backers will be truly hands off. But let’s keep our fingers crossed that this proves to be every bit as good as it sounds for Greenwald and the state of reporting generally.