The media entrepreneur Jimmy Finkelstein has taken one step closer to launching a new entrant in the American news landscape that he's billed to potential hires as a combination between The Washington Post and Daily Mail.
Two people who have spoken with Finkelstein recently told Semafor that he said he’s raised at least $40 million for a new digital news property called The New Statement, a name Finkelstein’s media company JAF Communications filed a trademark for last month, according to public records.
