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Politics : Politics for Pros- moderated

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To: Alastair McIntosh who wrote (893)5/11/2003 11:23:33 AM
From: LindyBill   of 794074
 
TECHNOLOGY; Slate Sets a Web Magazine First: Making Money
By DAVID CARR (NYT)

Happy to see this. It is an excellent Magazine.

ABSTRACT - Online magazine Slate, founded by Michael Kinsley and funded by Microsoft, becomes first-ever digital media service to post profit; its Internet traffic has doubled in last year, to six million visitors monthly, amid growing ad revenue; photos (M) Web purists who long believed that Slate, the online magazine founded by Michael Kinsley and bankrolled by Microsoft, was never a bona fide digital media service now have a final, damning piece of evidence.

In the first quarter of this year, Slate took in more money than it spent.

query.nytimes.com
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