The deal will give Amazon "first look" rights to IRP's projects, while the university will retain intellectual property rights. "For the first time since the serious decline in journalism's economic model, there is a commercial market for reliable nonfiction production," John Temple, managing editor of the journalism school's Investigative Reporting Program, told Nieman Lab earlier this month. "Why not take advantage of that?" Lowell Bergman, the legendary investigative reporter and the company's chairman, said the deal was "huge." "Anybody who's familiar with my work knows that I've been looking to create a new model to support investigative journalism," he wrote on the IRP website. The Berkeley deal, whose terms are confidential, is Amazon's first big step toward news publishing. CEO Jeff Bezos is already deeply invested in journalism.