Washington Post Co. Buys Slate Magazine

I’ve just added Slate to my review list after this article. We’ll see if it is any good.

The funny thing: I had to go to the New York TImes to find the story.

The NYT> Washington Post Company Buys Slate Magazine: “The Washington Post Company said yesterday that it had purchased Slate, an online magazine owned by Microsoft.

The sale completes Slate’s transformation from an experiment in the new media in 1996 to a respected brand name in journalism. Terms of the sale were not announced, but industry specialists estimated that the deal was worth between $15 million and $20 million.”

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