AP -- Salon warns it may not survive beyond February
Although its news coverage and commentary have attracted a loyal audience, Salon hasn't been able to make money. The company said it lost another $1.3 million during the final three months of 2002, bringing its cumulative deficit to $81 million.
Unable to drum up enough advertising to pay the bills, Salon started charging subscriptions to read some of its stories in 2001. The company began charging fees for all its once-free content late last month as part of its last-ditch survival effort. At of Dec. 31, Salon's site had 47,300 subscribers.
I found Salon good enough to pay for.
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