Slate, founded in 1996 by journalist Michael Kinsley, is a digital media company that provides news, opinion, and analysis on the topics of politics, culture, technology and business. Slate is owned by Graham Holdings Company, the former owners of the Washington Post. While Amazon does not own Slate directly, it does have an indirect stake in the company.
Amazon’s relationship with Slate began in 2014 when Amazon acquired ComiXology, a digital comics subscription service.
Since then Amazon has been using ComiXology to distribute its products to comic book stores and other retailers. In 2016, Amazon acquired the rights to distribute Slate’s content through ComiXology and its Kindle platform. This means that while Amazon doesn’t own Slate directly, they are able to access its content through their platforms.
In addition to distributing Slate’s content through their platforms, Amazon also has a financial stake in the company through its investment arm, Amazon Web Services (AWS). AWS provides cloud computing services to companies around the world and is one of the largest cloud providers in the world. Through AWS, Amazon holds a minority stake in Slate which allows them to influence decisions and have some control over how the company operates.
While Amazon does not own Slate directly it does have an indirect stake in it through its investment arm AWS and its ability to distribute content through its platforms like Kindle and ComiXology. This allows them to influence decisions at Slate while still keeping their distance from direct ownership.
Conclusion:
Is Slate owned by Amazon? No – while Amazon does not own Slate directly it does have an indirect stake in it through its investment arm AWS and its ability to distribute content through its platforms like Kindle and ComiXology.
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