LYCOS RETRIEVER 
Salon: Salon.Com
built 289 days ago
Founded in 1995, Salon.com is a leading Internet media company that produces 10 award-winning, original content sites and hosts The WELL, a subscription-based online community. Salon logged 3.8 million unique visitors in July 2001, as audited by the Audit Bureau of Circulations. Over 530 companies have advertised on Salon.com including IBM, Lexus, Microsoft, EDS, Hewlett-Packard, Mastercard, AskJeeves, Virgin Megastore Online, Kimberly Clark, Powell's Books and Intel. In December 1999, Salon.com announced a content and equity agreement with Rainbow Media Holdings, Inc., a subsidiary of Cablevision Systems Corp. and NBC. Strategic wireless distribution partners include AvantGo, Omnisky and Palm.net.
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"Salon.com continues to be at the vanguard of new media brands," said Paul Ratzky, director of Interactive Marketing Team One, the advertising agency for Lexus. "Lexus recognized the value of tapping into the Salon audience early on and is pleased to continue our association with its passionate audience."
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On October 9, 2003, Michael O'Donnell, the chief executive and president of Salon Media Group, said he was leaving the company after seven years because it was "time for a change." When he left, Salon.com had accrued $83.6 million in losses since its inception, and its stock traded for 5ยข on the OTC Bulletin Board. David Talbot, Salon's chairman and editor-in-chief at the time, became the new chief executive. Elizabeth "Betsy" Hambrecht, then Salon's chief financial officer, became the president.
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Salon.com and Lexus are currently planning the third annual Brilliant Careers event, a modern day salon discussion of contemporary arts and entertainment at San Francisco's Yerba Buena Center. Scheduled participants for this year's event to date include: Oscar-nominated film Director and screenwriter, Phil Kaufman; Actor/comedian/musician, Harry Shearer; Musician and technology trailblazer, Thomas Dolby Robertson; Author/poet/screenwriter, Sherman Alexie and music technology pioneer, Robert Moog.
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Salon's history is reflective of the difficulties in creating a profitable business selling original, professionally-produced media content over the Internet. In April 1999, Salon purchased the notable virtual community, The WELL, yielding international media attention. Then on June 22, 1999, Salon.com IPO'd on the NASDAQ stock exchange. Though dot-com speculation had not yet reached its peak by then, the performance of Salon.com's stock offering was mediocre, reflecting investor skepticism about its business model and the dutch auction IPO model it used to go public.
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The Mokara Salon & Spa is a full-service salon and spa with premium treatments and services designed to indulge the senses. Located at 215 East Las Colinas Boulevard, Irving, TX 75039, Mokara Salon & Spa is open Monday through Friday from 8 a.m. to 9 p.m., Saturday from 8 a.m. to 8 p.m. and Sunday from 10 a.m. to 6 p.m. Guests can book appointments by calling 972-402-8883. For more information, please see www.themokaraspa.com.
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