| Business Summary | | Salon
Media
Group,
Inc.
(Salon)
is
an
Internet
media
company
that
produces
a
total
network
of
ten
subject-specific
Websites
and
hosts
two
online
communities,
Table
Talk,
a
free
interactive
forum,
and
The
Well,
a
paid
subscription
service.
In
May
2000,
Salon
acquired
MP3Lit.com
(MP3Lit),
a
Website
offering
spoken
word
and
audio
literature
recordings
in
MP3
and
Real
Audio
formats.
MP3Lit
was
incorporated
into
Salon's
Website
as
Salon
Audio.
The
Company's
network
of
Websites
combines
the
thoughtfulness
of
print,
the
timeliness
of
television
and
the
interactivity
of
talk
radio. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SALN,
a
holding
co.,
is
an
Internet
media
co.
that
produces
a
network
of
10
subject-specific,
demographically
targeted
Websites
and
a
variety
of
online
communities
designed
to
attract
premium
Internet
advertisers
and
electronic
commerce
partners.
For
the
three
months
ended
6/30/01,
net
revenues
fell
45%
to
$973
thousand.
Net
loss
fell
35%
to
$2.9
million.
Results
reflect
weakness
in
online
advertising,
offset
by
reduced
costs
due
to
personnel
reductions. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| David Talbot, 49 Chairman,
Editor-in-Chief | $300K | Michael O'Donnell, 37 Pres,
CEO, Director | 300K | Robert O'Callahan, 50 CFO,
Treasurer, Sec. | 121K | Patrick Hurley, 39 Sr.
VP, Operations | 196K | Scott Rosenberg, 41 Sr.
VP, Editorial Operations | 151K | Dollar amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|