AOL to buy Huffington Post for $315M

Feb 07, 2011 16:18

AOL to buy Huffington Post for $315M

Online company AOL Inc. is buying highly-trafficked website Huffington Post in a $315 million deal that represents a big bet on the future of online news.The acquisition, which will put Huffington Post co-founder Arianna Huffington in charge of all AOL content, brings AOL an additional 25 million unique ( Read more... )

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Comments 80

keeperofthekeys February 7 2011, 12:59:27 UTC
Well, this strikes me as a supremely bad idea, but maybe that's because I've read AOL news comments.

MTE. I generally like HuffPo; I'd like to think this merger won't change things, but that's not usually how these things go.

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txvoodoo February 7 2011, 21:15:13 UTC
Huffpo's quality has gone down a lot in past year. Basically this is bringing more nipple slip pics to AOL.

And I'm more worried about the fact that Arianna will have editorial control over things owned by AOL, i.e. TechCrunch, and apparently a black blog?

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xerox78 February 7 2011, 21:42:18 UTC
apparently a black blog?

Sounds like Black Voices, which used to be one of my favorite sites. Then it was sold to AOL and it went straight down the tubes. Now only ignorant people frequent that site.

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munki_navigated February 8 2011, 19:21:38 UTC
It would be nice if one change happens - the fact that they pay very few of their writers.

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illustratedd February 7 2011, 13:05:18 UTC
I have no idea how this will affect Huffington Post (I don't read AOL) but I hope it won't be bad, however it is. I like Huffington Post.

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advancedcookie February 7 2011, 14:11:55 UTC
Rofl, no, no it's not. It seems very "mob-ish" to me.

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carmy_w February 7 2011, 15:38:28 UTC
I'd imagine they don't mean that literally; when companies purchase other companies, often stock swaps are the tender used, instead of actual money.

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txvoodoo February 7 2011, 21:15:50 UTC
This is $300mil cash, $15mil stock swap.

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hinoema February 7 2011, 13:24:24 UTC
AOL is still around? Huh.

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someidiot February 7 2011, 14:12:46 UTC
My reaction as well. I thought they went belly-up when they stopped forcing free disks down my throat.

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haruhiko February 7 2011, 18:35:43 UTC
that's what she said?

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superfan1 February 7 2011, 14:39:07 UTC
My thoughts exactly. You don't see much commercials and advertising for aol around anywhere anymore.

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erinpuff February 7 2011, 13:27:02 UTC
MapQuest is still a thing? If I were Arianna Huffington, I don't think I'd want it.

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hinoema February 7 2011, 13:42:25 UTC
Yeah, Google maps is much better.

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advancedcookie February 7 2011, 14:12:06 UTC
x100000

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castalianspring February 7 2011, 15:14:33 UTC
Eh, not always. I use both for work b/c they can both be very, very wrong when it comes to even slightly rural areas. Mapquest tends to steer me wrong fewer times than Google does.

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