Monday, March 31

Salon Gets a Lifeline Salon Media Group, the publisher of online culture and politics site Salon, said on Friday it received an $800,000 round of funding that would give it the needed breathing room to reach profitability. The funding, led by previous investors Bill Hambrecht and John Warlock, is on top of $1.3 million Salon has raised since last July. The company said the funds would allow it to continue its march to self-sufficiency, which is keyed on its new hybrid subscription and sponsorship model. Internet News


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