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Salon in Dire Straits

Posted by ryuzaki0 on from the partying-like-it's-salon1999 dept.

An anonymous reader submits this well-linked blurb: "It appears the end may be near for Salon Media Group. Their auditors doubt the company can stay in business for very much longer. Despite recently reaching nearly 40,000 subscribers, they haven't been able to make up for lost ad revenue in a down market. As a result, they've accumulated a deficit of about $75 million. Their best known asset, besides Salon.com, may be The Well, one of the earliest and most influential online communities. I hope that it can survive if Salon does not."

4 of 419 comments (clear)

  1. Premium service by Skyshadow · · Score: 1, Flamebait

    The weird thing about Salon is that it managed to stop running all of the (funny) stuff I read on a regular basis right after I paid for premium service. All that's left now is complete crapola.

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    Every year during my review, I just pray the words "slashdot.org" aren't mentioned.
  2. Re:i hope salon dies by FireBreathingDog · · Score: 1, Flamebait
    It should die because it is liberal? I see. You want no diversity of opinions. I can see how diversity would scare an stupid little AC like yourself.

    How does having yet another liberal outlet in a media that is already heavily liberal help diversity of opinion? If I want Salon-style Liberalism, all I have to do is open up The New York Times, the New Yorker, New Republic, The Washington Post, The Los Angeles Times, Time, Newsweek, U.S. News...or if I ain't the readin' type, I can always get my dose of liberal propoganda from CNN, Dan Rather, Peter Jennings, Tom Brokaw, Katie Couric, 60 Minutes...(in other words, from any "news" outlet except for talk radio and Fox News Channel)

    I'm not saying that Salon should die, but its death will actually bring MORE balance to the universe of news coverage than its existence does...

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    Shame on Google.
  3. Another Liberal Rag Bites the Dust by quakeaddict · · Score: 1, Flamebait

    ...as if anyone will miss it.

    Liberalism enslaves.

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    I'm still working on a clever footer.
  4. Salon was a kickback by AppyPappy · · Score: 1, Flamebait

    A bunch of people paid millions to make an establishment mouthpiece to celebrate the Clinton years. It was born to lose. It was cross between the Washington Post and the National Enquirer. What as the point? How much do you need to spend just to nod when Clinton says "I didn't have whoopy with that nekkid girl right thar".

    They went from being Clinton cheerleaders to Bush boobirds. Oh, there's a novel idea. Who would have thought of that?

    Another yawner hits the gutter. Wake me when the street cleaner happens by.

    And the WELL? I'm going to pay $15 a month for THAT? Sheesh....

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    If you aren't part of the solution, there is good money to be made prolonging the problem