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December 21, 2004

Joke Time is Over at Slate

041220_gavelThe Washington Post Co. said today it is buying Slate in an effort to boost the newspaper company's online traffic but does not plan any editorial changes at the eight-year-old Web magazine.

In announcing a deal to buy Slate from Microsoft Corp. for an undisclosed sum, said to be in the millions of dollars, Post executives said they would keep Jacob Weisberg as editor and most of the 30-person staff. Cliff Sloan, general counsel of Washington Post Newsweek Interactive, will also become publisher of the money-losing magazine when the deal takes effect next month.

December 21, 2004 in Web/Tech | Permalink


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