I regret to announce that after several weeks of discussions, Matt Taibbi has left First Look. We wish him well.

Our differences were never about editorial independence. We have never wavered from our pledge that journalistic content is for the journalists to decide, period.

We’re disappointed by how things have turned out. I was excited by Matt’s editorial vision and hoped to help him bring it to fruition. Now we turn our focus to exploring next steps for the talented team that has worked to create Matt’s publication.

I remain an enthusiastic supporter of the kind of independent journalism found at The Intercept and the site we were preparing to launch. As a startup, we’ll take what we’ve learned in the last several months and apply it to our efforts in the future.

Above all, we remain committed to our team and to the First Look mission.