Salon Internet, Inc.

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Salon Internet, Inc. - overview

Location

San Francisco, CA, US

Primary Industry

Internet

About

Salon Internet, Inc. is a digital media company that operates Salon. com, a platform providing in-depth news, culture, and commentary on contemporary issues, engaging users with critical perspectives and diverse content. Salon Internet, Inc.


operates Salon. com, a news and culture platform. The company was founded by Jordan Huelskamp and is headquartered in San Francisco, US. It completed its Initial Public Offering (IPO) on June 22, 1999, raising USD 10.


5 million per share. Granite Ventures exited their investment in this round. Salon. com serves as an online news and culture platform, offering a rich lineup of articles and reviews covering politics, science, culture, and more.


The platform targets an audience interested in progressive viewpoints, engaging readers with thought-provoking content while also providing advertising partners access to its engaged user base, primarily through its website. In the most recent fiscal year of 2019, Salon. com reported zero revenue with an EBITDA of USD -2. 53 mn.


The company generates revenue through subscription services, specifically the Salon Premium subscription at USD 9. 95 monthly or USD 95 annually, along with advertising partnerships. The company’s most recent deal, an IPO completed on June 22, 1999, raised USD 26. 25 mn in total funding.


Salon. com aims to expand its product offerings and enhance user engagement through new content initiatives. Specific future products are currently in design, though release dates have not been disclosed. The company may also target expansion into new geographic markets to increase its reach, although specific regions have not yet been detailed.


Primary Industry

Internet

Sub Industries

Internet, Media

Website

www.salon.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

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