Washington Post to Buy Slate

No word on whether this will increase or decrease the general suckiness of Slate. Washington Post to Buy Slate:

Washington Post Co. has agreed to purchase Slate, the online political and cultural magazine owned by Microsoft Corp.

...As part of the Washington Post media empire, Slate's content – a combination of political commentary and quirky feature articles – will be more broadly accessible across the Internet. Under the terms of the deal, Slate will continue to be available on Microsoft's Web portal, MSN. Jacob Weisberg will remain Slate's editor, the companies said, and Cliff Sloan, vice president, business development and general counsel of WPNI, was named publisher of Slate.

The business operations of Slate will be run by Washingtonpost Newsweek Interactive, the online subsidiary that oversees the Washingtonpost.com and Newsweek.com Web sites. Financial terms of the sale weren't disclosed.

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This page contains a single entry by Seth A. published on December 21, 2004 1:08 PM.

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