OlderAOL Buys The Huffington Post For $315 Million
The Huffington Post is being acquired by AOL for $315 million ($300 million in cash, the rest in stock).
NYT reports that Arianna Huffington (pictured here) will take the reigns of “AOL’s editorial content as president and editor in chief of a newly created Huffington Post Media Group.”
HuffPo, which currently employs more than 200 people, will reportedly generate $60 million in revenue this year (last year, it pulled in $31 million).
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8 Comments
wow thats great…gooo liberals conservatives u can have talk radio but we will keep the internet….suckers
Jared – good find with the photo!
yeah and people all around the world are starving
yikes is that the wicked witch of the west???
@_@
Wow, that’s some really unexpected news. I hope it doesn’t lead to big changes on the Huffington Post.
Truly happy for A! U go girl! What a great American immigrant story. She’s more American than many of us with birthrights. Hope she will use her new wealth to set up more ops for free speech & uncensored journalism. It’s weird AOL bought her out. That’s a name from the past.
just another sell out
the site was getting really bad anyway…waaay too moderated….conversation was impossible
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