Don't Throw Razor Blades in Paper Houses

In an article about the departure of Martha Stewart Living CEO Susan Lyne, Slate sneaks in a dig at the competition: "[MSL] is a textbook intersection of two media business lessons that should have been learned in the '90s. One is that just because a content company makes a splash online does not mean that it needs to go public. (Departed TheGlobe.com and limping Salon.com are two other examples of content companies that held IPOs.)"

Nevermind that Slate is owned by the publicly traded Washington Post Company, which is a pure content play propped up by the enormously profitable Kaplan education unit.

Jun 11, 2008 · posted by david · Link · Respond
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