Time Inc.’s editor in chief, John Huey, authorized the purchase of the house and asked the various editors of his magazines and Web sites to think about Detroit stories. For the next year, reporters from Time, Fortune, Money, Essence and Sports Illustrated, along with their Web sites and CNNmoney, will be doing stories out of this city as part of “Assignment Detroit.”

David Carr reports that Time Inc has purchased a house in Detroit and will be basing reporters and bloggers from its various publications there over the course of a year. I really love this idea. (via katiebakes)

See, though, the funny thing is, in the old days this would be known simply as, you know, opening a Detroit bureau…