Santa Slate

Santa Slate

: Howard Kurtz just reported that The Washington Post has bought Slate. Here’s Slate Editor Jacob Weisberg’s announcement.

Howard just called to get react from the two-headed hydra I am as Media Man by day and Blog Boy by night. I said it’s a good thing for both; they fit well together, not unlike Dow Jones and Marketwatch. Kurtz said the Post’s rationale is that it will bring them more traffic while they bring Slate better ad sales (and thus the first taste of profitablity, they hope).

But I also said that the Post could have met the same goals without the cost and without the risk by establishing with a network of citizens’ media, selling ads on and getting traffic from and extending their reach through the best blogs, which can then stay independent.

That requires thinking in a distributed way and that’s hard for the old centralized marketplaces to do.

3 responses to “Santa Slate”

  1. Cosa Nostradamus Avatar

    .
    Uh… yeah. Sure, dude.
    (Speak ENGLISH!)
    It looks just like one Corp swallowing bits of another. [ewww]
    The rest of us simply don’t count… except to the rest of us.
    Slate sucks. WaPo is not much better. Perfect.
    .

  2. BrMi Avatar

    I wish Microsoft would sell MSNBC too. They could change the name of the channel to “NBC News” while they are at it. I hate seeing Microsoft on my news.

  3. stevesturm Avatar
    stevesturm

    New ownership or not, Slate, like every other news/opinion web site will fail to draw sufficient advertising dollars to generate a profit. It’s one thing for Instapundit to pull in some pocket change with his advertising, it’s another thing to generate ad dollars that will support an operation such as Slate. For additional comments on this, check out thoughtsonline