AOL CEO Tim Armstrong likes to streamline things. And he is about to streamline AOL even more. Somewhat reversing the anti-portal strategy he inherited, he will start to consolidate 53 different content brands into 20 “power brands.” (Don’t worry, TechCrunch is still one of them).
“More and more stuff is moving towards well-known brands,” says Armstrong. “Unless human nature is going to… → Read More
In a move sure to irk at least two or three people who work for The New York Times, The Huffington Post (owned by AOL, our own masters in some degree of command) has put up a paywall that applies only to NYT employees.
In the reorganization of AOL and the Huffington Post into the Huffington Post Media Group, the company succumbed to layoffs and consolidated AOL news sites into the Huffington Post, folding or shutting down thirty properties. While a number of staffers were let go in this round of layoffs, what about the freelancers? It has been speculated that their time at AOL may be over, though it has… → Read More
By now, we’ve all heard the news that AOL has bought the Huffington Post for $315 million. It’s AOL CEO Tim Armstrong’s largest acquisition to date and the deal brings Arianna Huffington over to the company as Editor In Chief in charge of all AOL properties, including Engadget, TechCrunch and others (read AOL’s internal memo about the deal here).
Tim Armstrong and Arianna Huffington hosted a conference call with analysts this morning to discuss AOL’s announced $315 million acquisition of the Huffington Post. The Huffington Post is expected to contribute $50 million in revenues this year, and quickly ramp up to a $100 million revenue run-rate. That still represents a tiny portion of AOL’s $2.4 billion in revenue, but it is Armstrong’s… → Read More
The Huffington Post has acquired its first company in a small cash deal, and it is not another blog or media site, but a pure technology startup called Adaptive Semantics. The two-person startup provides a semantic analysis engine (aka JuLiA) already used by the Huffington Post to help moderate the 100,000 comments published on the blog every day.
Prior to the acquisition, the Huffington Post… → Read More
In case you still had any doubts that Yahoo and AOL are pursuing the same strategy when it comes to building a media brand online, all you have to do is listen to the two executives running the respective content businesses of each company. Yahoo Media VP James Pitaro and AOL Media president David Eun were both on a Future Of Media panel together in New York City today, but they sound like they… → Read More
The Huffington Post is taking on more of the trappings of a social network. Borrowing from Foursquare, today it will start giving out badges to loyal readers who comment like crazy and share HuffPost stories via Facebook and Twitter (the Superuser), collect a lot of fans and followers (the Networker), or flag inappropriate comments (the Moderator). The site also redesigned its user profile page… → Read More
Here we go again. The newspaper industry is blaming online news aggregators for its dwindling profits and inability to adapt to a world of links and truly-free flowing information. (They like it when information flows freely into their pages, but not so much when it flows out).
At D7 today, Kara Swisher sat down with Huffington Post’s Arianna Huffington and Washington Post’s Digital Chief Katharine Weymouth to discuss a topic that has been beaten to death: old vs. new media. Much of the interview was spent massaging each other’s egos, with each praising the other for the quality of their respective publication’s journalism.
But Huffington spiced things up when Swisher… → Read More
Arianna Huffington testified today before the Senate Subcommittee on Communications, Technology and the Internet in a hearing on the “Future of Journalism.” The Senate was contemplating the future of news, particularly newspapers, and will consider what (if any) action Congress needs to take to save the industry. Those who testified include Marissa Mayer, Vice President of Search Products and User… → Read More
AOL is adding a twist to old-fashioned political journalism with the launch of its new political news and blog site, PoliticsDaily.com. The site, which will primarily focus on in-depth political commentary as opposed to breaking news, will only provide original content, from long-form analysis to blog posts on issues in the U.S. political landscape. Led by former New York Times Washington… → Read More
We already knew The Huffington Post was looking for capital, but it turns out to be a little more than the $15 million the Times of London projected earlier. Kara Swisher says the political uber-blog network has in fact raised $25 million from Oak Investment Partners and will announce the news later this morning.