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Salon Media Group Inc

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BUSINESS
June 27, 2002 | Reuters
Salon Media Group Inc., the struggling online magazine, has received a notice from its auditors expressing substantial doubts about its ability to continue. In a filing with the Securities and Exchange Commission, the firm said the auditor's opinion was based on its history of losses. The company, which was formed in 1995 and has won numerous journalism awards, has never made a profit and recently has suffered steep declines in ad revenue. Salon shares fell 1 cent, or 10%, to 9 cents on Nasdaq.
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BUSINESS
March 29, 2003
* Adelphia Communications Corp. can move to Denver from Coudersport, Pa., a bankruptcy judge said, turning aside objections by founder John Rigas and a shareholders' panel. * Salon Media Group Inc. said it raised $800,000, enough to keep the company out of the dot-com graveyard. Investment banker Bill Hambrecht and Adobe Systems Inc. founder John Warnock provided the financial reprieve.
BUSINESS
October 10, 2003 | From Associated Press
Online magazine publisher Salon Media Group Inc. said Thursday that Chief Executive Michael O'Donnell was leaving after seven years. The San Francisco-based company, which has been battling to survive, gave no reason for O'Donnell's departure. "It was sort of a mutual decision," O'Donnell said. "It just seemed like the right time to move on." O'Donnell will be replaced by Salon founder David Talbot, who is also the company's chairman and editor in chief.
BUSINESS
July 1, 2003 | From Associated Press
Online magazine publisher Salon Media Group Inc. on Monday disclosed that it has renegotiated its headquarters lease after getting sued for falling behind on its rent. The San Francisco-based company struck a deal with its landlord late last week that will reduce its monthly rent from $70,000 to $21,000, according to documents filed Monday with the Securities and Exchange Commission.
BUSINESS
January 16, 2004 | From Reuters
Salon Media Group Inc. said Thursday that it received an $800,000 infusion and would collaborate with Rolling Stone magazine on a series of investigative stories about the 2004 presidential election. Adobe Systems Inc. founder John Warnock, a Salon board member and longtime funder of the online magazine, contributed $600,000 in the latest round. Rolling Stone magazine founder Jann Wenner's Wenner Media contributed $200,000, said David Talbot, Salon's founder, chief executive and editor in chief.
BUSINESS
August 18, 2005 | From Associated Press
The Well, an eclectic online community whose profits haven't quite measured up to its pioneering influence, is being put on the sales block by its current owner, Web publisher Salon Media Group Inc. "We have really ambitious goals with Salon and didn't want to dilute our efforts by trying to support two different brands," said Elizabeth Hambrecht, Salon's chief executive.
NATIONAL
June 12, 2002 | JOSEPH MENN, TIMES STAFF WRITER
As the latest round in Washington's greatest guessing game builds to a crescendo on Monday's 30th anniversary of the Watergate break-in, the award-winning online magazine Salon plans to enter the Deep Throat fray with a definitive 40,000-word accusation by scandal veteran John W. Dean III. Or maybe not.
ENTERTAINMENT
October 2, 2009 | JAMES RAINEY
I've felt a bit quaint the last couple of days, toting a pen, a notepad and my old journalism notions around here at the Googleplex. I'd once thought that a journalist's (and journalism's) work ended when a story cleared the copy desk. But a two-day blizzard of power-point presentations in the heart of the Silicon Valley pounded home a notion that the media and their foot soldiers need to do much, much more to thrive in the midst of an information revolution. We're talking about media letting the audience increasingly into the middle of the conversation.
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