Tuesday, November 30, 2010

Salon.com open to merger to staunch red ink

Salon.com, the 15-year-old news site, has let it be known that it is open to a merger. The development highlights just how difficult it is for a free-standing news site without a media partner to be economically viable. Salon is said to have lost about $15 million, a third of that in the last year. Will the brand be enough that some other entity will want to take on all that debt? Hard to say.

I certainly hope that Salon will remain viable to keep on posting Glenn Greenwald's almost always invaluable material on civil liberties and secrecy -- although I'm pretty sure Glenn will ctch on elsewhere if Salon goes belly-up. Salon does have other good stuff (as well as some not-so-good), so that would be a pity.


Anonymous said...

It's a pity you don't have a donate button! I'd most certainly donate to this fantastic blog! I guess for now i'll settle for book-marking and adding your RSS feed to
my Google account. I look forward to new updates and will share this blog with my Facebook
group. Talk soon!

Also visit my weblog ... quantrim weight loss

Anonymous said...

There is certainly a great deal to learn about this issue.

I love all the points you've made.

Here is my page http://tagza.com

Anonymous said...

Thanks for finally writing about > "Salon.com open to merger to staunch red ink" < Liked it!

My web-site; quantrim discount codes

drmeads said...

Best place to get codeine cough syrup online with or without prescriptions