07-23-2004, 06:46 PM
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Is papyrophobic!
  
Posts: 1,926
Karma: 1009999
Join Date: Aug 2003
Location: USA
Device: Dell Axim
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Slate.com soon with a proper media owner?
According to a story in today's WSJ, Microsoft's MSN online division is apparently trying to sell Slate. The MSN business unit swung to an operating profit of $121 million in Microsoft's fiscal year that ended June 30, after losing $567 million in the 2003 fiscal year. The company attributed the turnaround to an increase in advertising revenue and a focus on keeping costs down. Slate itself is according to MS breaking even at this point. The site attracts about five million readers a month.
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