Good News for Salon.com!

[Fleshdancer]

http://www.nytimes.com/2004/01/15/business/media/15mag.html

Rolling Stone Editor and Adobe Executive Put $800,000 Into Salon Web Site

Jann Wenner, the founder and editor of Rolling Stone magazine and chairman of Wenner Media, said yesterday that he would invest $200,000 in the Salon Media Group, the financially struggling Internet media company, and join its board.

Also yesterday, Salon announced that John E. Warnock, co-chairman of Adobe Systems and a longtime financial backer, would invest an additional $600,000 in the Web company.

As part of the alliance with Mr. Wenner, Salon and Rolling Stone, each known for liberal political leanings, will collaborate on a series of articles about the presidential election. "I really like what they have been doing over the years," Mr. Wenner said. "I have been impressed with their journalistic drive and energy. And given that we are gearing up our political coverage, we thought they would be a good partner."

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I love Salon, I'm glad to hear about this.

www.salon.com