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December 21, 2004
Slate Slated for Washington Post Purchase
This morning, the Washington Post Company announced it's buying Slate Magazine from Microsoft. Slate, founded almost nine years ago by Michael Kinsley, was one of the first news magazines to be created for the Internet. As part of the deal, the Post will retain most of Slate's editorial staff, including editor Jacob Weisberg.
"Microsoft has been a great place for us for the last 8-1/2 years," Weisberg said, but "it was a tough place to develop our business because it wasn't a media company and doesn't want to be a media company. They're really big and we're really small. The joke was always that we're almost a rounding error, but a rounding error probably exaggerated our status."
Slate, for its part, wasted no time in reaffirming its editorial independence by publishing an article criticizing a recent Washington Post investigation on the number of expectant mothers who die violent deaths.... -andy
Posted by acarvin at December 21, 2004 10:20 PM
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