This Just In…

  • Salon.com dips into the pennies-per-share range. At press time, its NASDAQ price listed at 34 cents per share. min's New Media Report this week predicts the site's
    demise within three months, faulting the launch of Salon Premium last week, a paid subscription service, for the death knell. The flagship online pub virtually coined the word "e-
    zine.
  • Cohn & Wolfe is closing its Chicago office, according to Co-General Manager Stuart Wilson. "Like everyone else, we've been in a recovery mode and faced substantial
    challenges," he says. No decision whether the 12 Chicago staffers would be laid-off or relocated.
  • An increasing percentage of CEOs are initiating programs to strategically manage Internet communications yet a disparity exists between what they are saying and the
    programs they are putting in place, says new data released by Hill and Knowlton USA. More than half of the 600 CEOs questioned say they use the Web to manage corporate reputation.
    Research was conducted by Harris Interactive/Yankelovich Partners.
  • New York-based firm Sloane & Company has formed a strategic partnership with grassroots lobbyist Morris Reid, former director at the Democratic National Convention and
    former executive aid to Secretary of Commerce Ron Brown. The two will develop strategy to influence federal, state, and local policy makers for clients like the Federal Home Loan
    Bank of San Francisco and Israeli-based Camelot Information Technologies.