The quarter-billion-dollar news company Pierre Omidyar is founding will be fascinating: a digital-first journalism outfit with old media money behind it.

It’s an odd flip of the Jeff Bezos/Washington Post play, which involved a digital-first entrepreneur putting the same money as Omidyar, $250M, behind an old media organization.

If I had more free time, there would be a good article in there somewhere about what exactly it means to see that kind of money converging on the old/new media dichotomy from opposite directions.

But I don’t, so there won’t. For now, at least.