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Salon Media Group Inc (PK:SLNM)

Business Focus: Internet Services

Sector:  Technology Industry:  Internet Services
 
See Regulatory Filings on SEC
Company Contact
Address: 870 Market St Ste 442
SAN FRANCISCO CA 94102-3018
Tel: N/A
Website: https://www.salon.com
IR: See website
Key People
Richard K. MacWilliams
Chairman of the Board, Acting Chief Executive Officer
Trevor L. Colhoun
Acting Chief Financial Officer, Director
 
Business Overview
Salon Media Group, Inc. is an independent publication company. The Company covers news and politics, alongside its coverage of culture and entertainment, science and health, and food. The Company has driven the national conversation through journalism distributed across Salon.com, Salon TV, social media, news platforms, email newsletters and mobile applications. Its content, including its flagship show, Salon Talks, and other Salon TV programming, reaches an audience of approximately 10 million monthly new visitors. The Company's publication is free. It also offers monthly subscription for ad-free publication. The Company covers national news and politics, and science and health through investigations, insightful reporting, commentary and analysis. It covers television (TV), movies, books, entertainment and culture news through insightful reporting, criticism, commentary and analysis. Its Life Stories section features insightful commentary and essays about the human experience.
Financial Overview
For the three months ended 30 June 2019, Salon Media Group Inc revenues decreased from $604K to $0K. Net loss before extraordinary items decreased 44% to $554K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects General and administrative decrease of 39% to $456K (expense).