Now, Globalvision is moving online with the establishment of Globalvision New Media.

The first project of the new company is MediaChannel.org, a not-for-profit, media oriented supersite that is being produced for two well-established international foundations, OneWorld Online and The Global Center. Globalvision New Media has directed the creation of the MediaChannel site, from branding and design through production and editorial direction.

"We're thrilled to have such an ambitious project as our first foray online," said company President Rory O'Connor. "It is consistent with our company's innovative approach to journalism---global, collaborative and with a critical edge. The Internet will allow us to demonstrate our capacity for providing diverse coverage and offer programming about a changing world."

Danny Schechter, MediaChannel Executive Editor, added, "MediaChannel is the first of several content-driven Web sites we plan to launch. We seek to transform a news media landscape that is quickly modeling itself on the old, bragging about content but offering little diversity, and treating Web users more as consumers than citizens. We can and will offer high quality information from all over the world in a socially responsible and economically viable manner."

Globalvision New Media has an ambitious plan to roll out new Web sites and other online projects. It is a partnership beteen Schechter, O'Connor and a group of European investors. Its principal financial advisor is James R. Rosenfeld, an investment banker and former President of the CBS Television Network. Retired CBS Newsman Walter Cronkite is a MediaChannel Advisor.