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Slate Sets a Web Magazine First: Making Money | |
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| Time: 11:24 EST/16:24 GMT | News Source: New York Times | Posted By: Robert Stein | ||
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Of course, given $20 million in investment and all of the traffic-generating muscle of the MSN Network behind it, it is tough to call that fiscal state of affairs profitability — indeed, company officials are specifically prohibited from doing so because Slate's financials are not broken out in Microsoft's filings. But it is still a milestone for a general-interest magazine that publishes only on the Web. | ||
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