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.