Former Huffington Post technical director Cindy Jeffers has been named CEO an CTO of Salon, the company announced today. Salon founder David Talbot had been serving as interim CEO after digital media entrepreneur Richard Gingras departed in July last year to become head of news products for Google. Read More
Disclosure: The author of this post was previously employed by Salon.com.
Salon.com — never, ever to be confused with Slate.com — has brought back former editor in chief/founding father David Talbot as CEO of the online magazine. But in case you think the staff was just feeling nostalgic, Mr. Talbot wasted no time in trumpeting his arrival with news of a complete relaunch of the website as a multimedia platform. The redesign even gets a fancy new name: “American Spring.” Let Salon’s new CEO tell you all about it:
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In the end, it was numbers that did in some of the literary talents of
Salon.com.
First revenues determined that it was necessary to reduce costs at the
on-line magazine. Then founder and editor-in-chief David Talbot used
numbers–web usage–to target which members of the editorial staff should go. The numbers, the equivalent of television ratings, Read More
Last May, as dot-com mania was blooming, Dave Kansas, the editor of TheStreet.com, became a rich guy when the financial news site went public. At the end of first day of trading, he owned $9 million worth of stock in the fledgling venture and had options to buy another $4.5 million worth for just $2,300. Read More
Salon.com hit the ground–well, it just sort of hit the ground when it went public at last June 22. It was offered at $10.50, but by the end of the day it had fallen to $10.
The initial public offering of the Internet magazine company had long been derided by other journalists out of some Read More
