They have supposedly dropped Paglia, or she dropped them.
In any event, Salon is doomed. The latest cash infusion is enough to allow them to keep limping along until Christmas, if they're lucky. The dotcom ad market is not going to magically rebound within that time frame (or ever, if you ask me), and that's the only hope they have for ever making money. No, they haven't sold nearly enough Premium subscriptions to make any meaningful difference to their bottom line, nor will they.
Christopher Byron wrote a great piece last week explaining why they're still doomed financially.
posted by aaron at 10:26 AM on August 22, 2001
Jesus Christ, did I just agree with Fes? First the Salon death march, now me agreeing with UncleFes- what's next, a blackened sun and a blood-red moon!?
posted by hincandenza at 12:05 PM on August 22, 2001
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posted by owillis at 8:22 AM on August 22, 2001