April 16, 1998

In 3MR:

Slate Subscription List Grows

Slate online magazine (owned by Microsoft) has showed its innovation by charging subscriptions while others give away content for free. Slate announced that it has passed the 10,000 milestone in paid subscribers, well on its way to reaching a 20,000 goal in the first few months. With some quick math (10,000 x 19.95/year = $199,950), that means Slate can easily pay for editor Michael Kinsley's calls to the East Coast.