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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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