Slate’s The Big Money has been closed for business

By Robin J Phillips on Jul 30, 2010 in Basics, Media | Advertising

Slate's The Big Money Slate has pulled the plug on The Big Money,

Slate Group pulls the plug on The Big Money

From a memo by Jacob Weisberg, chairman and editor-in-chief of the Slate Group, and John Alderman, general manager of the Slate Group and publisher of Slate, about The Big Money’s demise::

“The problem, in a nutshell, is that the site is not pointed toward profitability on a fast enough timetable.”

Described on the site as “a Web site that focuses on all important aspects of economics and money without getting bogged down in arcane statistics or impenetrable jargon,” The Big Money got bogged down in the realities of online news economics.

Not sure how long the site will remain visible but if you have time this weekend, take a look through The Big Money archives.

And keep an eye out for where its contributors will write again:

Matthew DeBord
Mark Gimein
Daniel Gross
Kevin Kelleher
James Ledbetter
Marion Maneker
Chadwick Matlin
Caitlin McDevitt
Dan Mitchell
Heidi N. Moore
Jill Priluck
Steve Spillman
Chris Thompson
Bernhard Warner
Martha C. White
Matthew Yeomans

About the Author

I am digital director at the Reynolds Center for Business Journalism, which I joined in 2009. Before that I was Online Community Manager for azcentral, the online site for The Arizona Republic. Before arriving in Arizona, I worked at Newsday where I was Deputy Business Editor. I was the small business editor at BusinessWeek Online. I teach journalists to use Twitter, Facebook and other social media tools to expand and manage their networks. And I am a cofounder of #wjchat, a weekly Twitter chat about web journalism. You can reach me at Email: Robin.Phillips@BusinessJournalism.org OR RobinJPhillips.com OR @RobinJP