Huffington Post Co-Founder Has His Sights On CNN With New Startup

Ken Lerer, one of the co-founders of the Huffington Post has embarked on a new video startup. He is going to deliver the news via the web and has his eyes set on traditional tv cable news outlets like CNN and Fox News.  According to AllthingsD’s Peter Kafka Lerer is looking to provide a news outlet for those who watch Jon Stewart, and a generation that consumes most of their media from the internet.

It’s obvious that people are moving to the web for news, and real time events especially when there are live events and breaking stories. That’s evidenced in a 20% upswing in NCAA tournament viewing online.

Lerer who, with co-founder Ariana Huffington, sold the news giant Huffington Post last year to AOL for over one million dollars. Of course the Huffington Post is a more traditional new media outlet.

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