We upgrade URZ to a Buy; we see an entry opportunity with investors.

The entire economy, of course, is locked in a down cycle right now. Last time we weathered this was during another Bush presidency in '90. We were locked in it for a year and a half and everyone came out of it.

There are not that many new media brands you can say that about nowadays.

I have no regrets about launching Salon. For the life of me, I can't imagine doing anything else.

I actually do think the history is so epic that it actually kind of writes itself.

I think there is a difference between Slate and Salon. I think we both serve important functions on the Internet. As more and more Websites disappear, I'm thankful Slate is still around because it makes things less lonely.

While I'm critical to the Bush presidency, it's been enormously beneficial for Salon because we're seen as kind of an aggressive watchdog on the Bush White House. Particularly since Florida, our readership hit a whole new level, and we held onto those readers.