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AOL Buys The Huffington Post For $315 Million

AOL 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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Credit: Michael Kovac; Photos: Getty
Posted to: Ariana Huffington

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  • oheneba1

    wow thats great…gooo liberals conservatives u can have talk radio but we will keep the internet….suckers

  • http://@jennifer724 Jennifer Scholnick

    Jared – good find with the photo!

  • Noname

    yeah and people all around the world are starving

  • ISRAELI MODEL

    yikes is that the wicked witch of the west???

  • http://Ta Sligo ^__^ cute

    @_@

  • http://fourleafcloverblog.com Eva @ Four Leaf Clover

    Wow, that’s some really unexpected news. I hope it doesn’t lead to big changes on the Huffington Post.

  • Clairedelune

    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.

  • deleted from favs long ago

    just another sell out
    the site was getting really bad anyway…waaay too moderated….conversation was impossible