Monday, February 07, 2011

Huffington Post sells out to AOL

The Huffington Post has become more tabloid like in recent times. This latest development does not bode well.

The Huffington site itself today is display of propaganda:

Arianna: The Huffington Post & AOL -- A Merger Of Visions

Whatever. A handful of people just got rich, that is what has really happened. More corporate consolidation.

Arianna dear, no one is buying your bullshit.

Online company AOL Inc. is buying the high-traffic website Huffington Post in a $315-million US deal.

The acquisition, which will put Huffington Post co-founder Arianna Huffington in charge of all AOL content, brings AOL an additional 25 million unique visitors a day.

The deal "will create a next-generation American media company with global reach that combines content, community and social experiences for consumers," AOL CEO Tim Armstrong said in a statement announcing the deal early Monday.


Read more here and here.

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