Kara Swisher

Recent Posts by Kara Swisher

Former News Corp Digital Exec Jon Miller Joins Shari Redstone’s Advancit as Partner

Former News Corp digital head Jon Miller has joined Advancit Capital as a partner. Advancit is an early-stage investment firm that was started two years ago by Shari Redstone and Jason Ostheimer; Redstone is the daughter of Sumner Redstone, director at CBS and Viacom, and president of National Amusements. Advancit has made several dozen investments over two years, many in the online media and entertainment arenas, including Maker Studios, Oyster and Circa. In 2011, a regulatory filing noted that the venture firm had raised $3.2 million. Miller — who used to work at Viacom, where he met Redstone — is the first non-family partner at Advancit.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald