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Salon in Dire Straits

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."

5 of 419 comments (clear)

  1. What does this mean for the industry as a whole? by wdr1 · · Score: 1, Troll

    While I'm glad to Salon go (despite some really well written pieces, whoever ran it was simply TOO focused on being Anti-Republican, even to the point of publishing drivel if need be. I, and I'd imagine lots of others, would have subscribed if it hadn't been for that), I'm concerned with what it means for the Industry of online publications, especially Slashdot.

    I wonder what we can do as a community to ensure Slashdot's survival? Hopefully everyone has subscribed, especially now that they take credit cards!

    (Turns out this was announced during the Blackout, so a lot of folks may have missed it.)

    -Bill

    --
    SlashSig Karma: Excellent (mostly affected by moderatio
  2. So... by NetRanger · · Score: 1, Troll
    Do you suppose this is another result of the Vast Right Wing Conspiracy(tm)?

    "But seriously... George W. Bush placed all those huge annoying ads in our articles!"

    --
    -- We live in a world where lemonade is artificial and soap has real lemon.
  3. Re:What does this mean for the industry as a whole by Fizzlewhiff · · Score: 1, Troll

    What do you expect from San Francisco? And by the way, Slashdot seems to be just as anti-Republican as Salon. Most of the comments I see posted are by either by Socialists or Communists. Mod me flamebait if you will, but you must admit that it is a big sin here to admit that you believe in Capitalism and suppor those who try to make a living selling anything that has to do with intellectual property. Oh and God forbid that a company lay off people so they can stay in business. How many times have we seen someone post "Hey, lets open a Pay Pal account to supplement [name of company] so they can continue their [Linux, open source, free stuff] works."

    That aside, Salon has some really good articles, especially when it comes to the entertainment industry, copy protection, and fair use. If Salon does go, hopefully those who cover such things might find even more eyes and ears in different outlets, perhaps even more mainstream outlets.

    --

    'Same speed C but faster'
  4. Re:What does this mean for the industry as a whole by Black+Parrot · · Score: 1, Troll


    > Mod me flamebait if you will, but you must admit that it is a big sin here to admit that you believe in Capitalism and suppor those who try to make a living selling anything that has to do with intellectual property.

    In my experience, the only time I get moderated down to Hell predictably is when I make too vigorous a critique of exactly those things that you think are a "sin" to espouse on Slashdot.

    I had a real good example 2-3 weeks ago, but unfortunately it has already scrolled off my posting history

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    Sheesh, evil *and* a jerk. -- Jade
  5. Re:Left-wing media a financial failure? by Edmund+Blackadder · · Score: 1, Troll

    Well id hate to sound "elitist" but i dont think you understand the republican party's agenda.

    The republican party wants to lower taxes for the rich and make the poorpay for it.

    Usually when they lower taxes there is some nominal decrease for the poor, BUT the poor soon pay that back many times over, because usually after taxes are lowered deficits ensue, the government starts borrowing and those loans must be payed back with interest from taxes in the future, which are usually less progressive than before.