Associated Press have news of the long awaited Pajamas Media’s impending launch. They’ll be known as OSM (Open Source Media) and launch with 3.5 million dollars of venture capital behind them.
I’m not sure what their URL will be – osm.com and opensourcemedia.com are both taken. I guess we’ll have to wait and see.
update – thanks to Andy for pointing out in comments below that they are at osm.org.