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  • AOL Acquires StudioNow For $36.5M, Confirms Departure Of CTO Ted Cahall

    AOL Acquires StudioNow For $36.5M, Confirms Departure Of CTO Ted Cahall

    Lots of announcements from AOL this morning: the company has acquired Internet video company StudioNow in a deal valued at $36.5 million in cash and stock, with a portion of the cash paid out over multiple years. In addition, AOL decided to confirm the news we broke last week about CTO Ted Cahall leaving the company, after vehemently denying it up until now. Finally, AOL has hired Microsoft… Read More