Washington Post Buys Slate From Microsoft
securitas writes "The Washington Post has bought online magazine Slate from Microsoft for an undisclosed sum believed to be in the millions of dollars. The sale comes almost five months after Microsoft put Slate on the block (Slashdot) in late July. If you're looking for a perspective from someone other than Slate's editor Jacob Weisberg, Washington Post media reporter Howard Kurtz writes about the sale: 'According to ComScore Media Metrix, washingtonpost.com drew 4.5 million unique visitors last month, while Slate drew 4.8 million.' David Carr reports in the New York Times that Neilsen NetRatings recorded 6 million Slate visitors last month. Either way, Slate's audience is larger than the Post's online edition. You can learn more about the deal from AP via IHT or get streaming audio at NPR (Real|Windows Media)."
'why would one modern company buy something so low-tech from a tech company, of all people?'
Then my mind saw those funky slate 'newspapers' from the Flintstones...
*shudders*
The difference between spam and poop is that you don't have to dig through septic tanks looking for real food. -- Me
I could never accept that Slate had genuine editorial independence from Microsoft. It's like MSNBC, Newsweek (I think), MSN, etc. that are all owned or influenced my Microsoft, and it's all very likely part of a grand marketing strategy.
Microsoft putting their brand on something is like a poison pill for credibility.
-- "Makes Little Debbie look like a pile of puke!" - Moe Szyslak
With a few exceptions both the Post and Slate revealed themselves to me as CorpGovMedia mouthpieces during the run-up and aftermath of the Iraq war. That really opened my eyes. So, I couldn't really care less if they both went under....
eat shiat and bark at the moon
According to the next forthcoming story by ComScore Media Metrix, Slate drew over 9.6 million unique visitors this month... after the site being mentioned on slashdot'
Sorry, Washington Post, but buying Slate does NOT mean you get the "New Media", anymore than Pathfinder meant that Time-Warner got it. The citizen-journalists of the blogsphere are where journalism is heading. There's a million fact-checkers out there, and the Old Media better wake up to it, or be cast aside.
"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former."
If you're looking for a perspective from someone other than Slate's editor Jacob Weisberg, Washington Post media reporter Howard Kurtz writes about the sale
In other news, if you're looking for a different perspective on the two party system and it's ramifications for a healthy democracy other than Republican George Bush, here's Democrat John Kerry.
I guess Microsoft is tired of their magazine supporting Firefox.
MOUNT TAPE U1439 ON B3, NO RING
washingtonpost.com drew 4.5 million unique visitors last month, while Slate drew 4.8 million....Either way, Slate's audience is larger than the Post's online edition.
And how much of that slate traffic is caused because slate is so tied in to MSN which is the default startpage for 90% of the home computer market?
I have a strong suspicion that if slate is divorced from MS, its readership will decline drastically.
I'm out of my mind right now, but feel free to leave a message.....
i find slate extremely helpful, between the explainers to todays papers. some of it can be quite silly, but the majority of the content is excellent stuff. i've been checking out the washington post lately because of slate. they have quite a bit of helpful information that you don't find anywhere else, and they seem to carry full stories. if i want to find out what is actually going on and the motivations for that, i read the post. hopefully they can bring more of that to slate and slate can give them a bigger online audience.
Neoliberal? Corporatist? What is this, political buzzword bingo?
It sounds to me like you just don't want to read anything that contradicts your world view. That puts you in the same general area as Bill O'reilly fans.
Strangely, here in Brazil people say "neoliberal" meaning "one who defends an unregulated capitalism" - a la my favorite writer, Ayn Rand.
Circumcision is child abuse.
To be honest, I really like Slate. Read it every day. They are really quite independent, like when they bashed IE. This might be quite a non-news item, ultimately (I hope)
Recursive (adj.): see 'Recursive'
Slate has 4.8 million unique visitors per month and is profitable. How is that displaced?
So close and yet so far from the world's perfect ID number
Who reads Slate? I do...obsessively. Some reasons why:
Slate isn't a substitute for reading a newspaper, but if you want to get more insight into what's going on, it's a good place to look.
You're under the mistaken impression that the media sells news. No, I'm not being faecetious.
Actually, the media sells people. You, the reader, are not their customer -- you are their product. Advertisers are their customers. The cost of printing newspapers (which typically sell for 25-35 cents for daily in the US) is not even remotely covered by their retail value. Once, perhaps, but not today.
You just don't understand their motivation. Adverts on-line and adverts on dead trees both do the same thing -- on-line adverts might be even better, because they're much more dynamic (but perhaps also easily blocked).
Anyway, think about it.
...and they want their paper of record back.
I'm curious as to how many visitors independent news sites get, including sites like slashdot, fark, democracynow, kuro5hin, etc. Is it anywhere close to the 4.5-4.8 million slate and Washington post get, or do most people just think "getting their news online" means going to cnn.com?
I just checked the numbers over at Instapundit and they work out to about 3.8 million visitors per month. So, Microsoft + "professional" journalists = 4.8 million visitors. One law prof + laptop + WiFi = 3.8 million.
[Insert pithy quote here]
Jesus, I thought I was the only one that remembered Pathfinder. For those that don't know, Pathfinder was Time-Warner's attempt to create a service similar to AOL or CompuServe's portals, but on the web without a dial-up service. This was before they got swallowed up by AOL, way back in the early 90's. Apparently, they decided to lump everything owned by them under the "Pathfinder" name, from CNN to Loony Tunes to Babylon 5. It was a disaster, from most accounts.
I was a regular on their Babylon 5 forum, and to this day I have great memories of the people there, and I prefer that board's layout to others like Slashcode and UBB. Unfortunately, Time-Warner basically thought of the boards as a place to get free PR and marketing, and their management of the boards was pretty poor.
The admins did not do much to try to foster a community, and they often seemed to be fighting with the users. I remember they would occasionally delete some sections, and force changess on the board with no warning. It was like the whole BB system was just a forgotten corner of the T-W empire, and we were tossed about by high-level decisions of their marketing dept. The whole board ended up closing with short notice before the end of season 4, I believe. That's when I discovered the joys of Usenet and rec.arts.sf.tv.babylon5.moderated, but that's another story...
Anyone here from the old Pathfinder Bab5 boards? I was ZoqFotPik, and that was my first BBS...
I can see it now:
* This story is posted to slashdot
* Slate gets slashdotted
* The head of the washington post wants to see this website they just paid "millions of dollars" for
* "503: Service Unavailable!! "
* "We paid what for this thing?"
Coder's Stone: The programming language quick ref for iPad