If you want the backstory, read this: "Horowitz Exposes David Brock as Paid Hatchet Man for Soros".

If you're familiar with the backstory and you want to cut to the chase, read "David Brock Group Backpedals on Soros Funding":

Media Matters for America, the group headed by conservative turned liberal writer David Brock, has changed course on its stated association with billionaire liberal financier George Soros.

After initially claiming on Dec. 1, 2004 that "neither Media Matters nor its president and CEO David Brock has received any money from Soros or from any organization with which he is affiliated," the group is no longer disavowing any connection with groups "affiliated" with Soros.

The Media Matters shift came after Cybercast News Service questioned the group's financial ties and demonstrated that there were numerous and extensive links between Media Matters and several Soros "affiliates" like MoveOn.org, the Center for American Progress and Soros ally Peter Lewis.

Media Matters for America (MMA) spokeswoman Sally Aman responded to Cybercast News Service's questions with an e-mail. "In response to your query regarding donor funding Media Matters for America has never received funding directly from George Soros," Aman stated, no longer denying any relationship with organizations affiliated with Soros.

She went on to reference the "early support from Moveon.org, and the New Democrat Network," that Media Matters had received...

At post time, there's nothing about this new admission on the sites of their paid bloggers such as Duncan B. Black or ODub.

UPDATE: A "liberal" spins it the wrong way, encouraging Soros to donate to his own effort.

And, in somewhat related news from last month, see "Soros Funded Stewart Defense":

Millionaire financier George Soros, whose opposition to President Bush's conduct of the war on terror caused him to pour millions of dollars into the effort to defeat the president, made a substantial donation [$20,000 --LW] to the defense fund for radical lawyer Lynne Stewart, who last week was found guilty of giving aid to Islamic terrorists...

Before the verdict, officials of the Open Society Institute characterized Stewart's work as that of a "human rights defender." In an October 2004 speech in Norway, Gara LaMarche, head of OSI programs in the United States, said, "The right to counsel, and its erosion in the United States since September 11, strikes with particular force at the role of human rights defenders. One troubling trend has been the arrest and prosecution of lawyers and other defenders as 'material witnesses' to terrorism. These include Lynne Stewart, attorney for Sheik Abdel Rahman..."

At one point, Stewart's Defense Committee website, lynnestewart.org, bore the notation, "This website is made possible by the generous support of the Open Society Institute."

Amy Weil told National Review that while the Institute initially underwrote Stewart's defense, the foundation's commitment was not open-ended. "More recently, OSI was asked for additional funding and we turned down that request," she said.