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Author Topic: Huffington Post agrees to $315 million buyout from AOL  (Read 2333 times)

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Offline cavegal

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Huffington Post agrees to $315 million buyout from AOL
« on: February 07, 2011, 01:09:32 PM »
http://www.washingtonpost.com/wp-dyn/content/article/2011/02/07/AR2011020700247.html

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Huffington Post, the liberal-leaning online news site that has been one of the Internet's start-up success stories, said it agreed to a $315 million buyout late Sunday night from AOL Inc., the elder statesman of online access and digital content. Huffington Post founder Arianna Huffington, who made the announcement on her site Sunday night, will become president and editor in chief of the Huffington Post Media Group, which will put the news outlet she co-founded under the same ownership as AOL's collection of sites. Huffington - the former wife of one-time Republican Senate candidate Michael Huffington - has evolved into a well-known pundit and author, and a powerful player in Democratic circles as a result of her venture.
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Offline thundley4

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #1 on: February 07, 2011, 01:18:53 PM »
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AOL Plunges Into the Deep End of Moonbattery With HuffP

Online company AOL Inc. is buying online news hub Huffington Post in a $315 million deal that represents a bold bet on the future of online news. …
Perhaps just as important as picking up a news site that ranks as one of the top 10 current events and global news destinations, AOL will be adding Huffington Post co-founder and media star Arianna Huffington to its management team as part of the deal.
After the acquisition closes later this year, Huffington will be put in charge of AOL's growing array of content…
  moonbattery
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Offline Karin

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #2 on: February 07, 2011, 01:20:01 PM »
Yes, and I couldn't care less.  Won't be touching the thing with a 10 mile pole.  

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AOL Inc., the elder statesman of online access and digital content.
 If that's what you called me flirting with perfect strangers in "chatrooms" in 1995.    :whatever:
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Offline JohnnyReb

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #3 on: February 07, 2011, 01:52:53 PM »
....and it's stock will drop to what?
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Offline Chris_

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #4 on: February 07, 2011, 01:54:46 PM »
I wonder how many AOL customers that don't like HuffPo's liberal views will cancel their accounts.
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Offline thundley4

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #5 on: February 07, 2011, 01:58:07 PM »
Quote from: chris_ on February 07, 2011, 01:54:46 PM
I wonder how many AOL customers that don't like HuffPo's liberal views will cancel their accounts.

Wait? They still have customers?   :-)  In all seriousness, I have read that people are still paying AOL even though they are now getting their internet through DSL or Cable.
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Offline DixieBelle

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #6 on: February 07, 2011, 02:03:26 PM »
People still use AOL? :-)
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Offline NHSparky

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #7 on: February 07, 2011, 02:03:57 PM »
How many used "90 Days FREE!" CD's does $315 Mil buy anyway?
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Offline Chris_

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #8 on: February 07, 2011, 02:04:55 PM »
I figure their customer base is mostly old folks and computer-illiterate housewives.  :-)
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Offline Evil_Conservative

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #9 on: February 07, 2011, 02:15:43 PM »
I didn't know AOL was still around.
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Offline DumbAss Tanker

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #10 on: February 07, 2011, 02:17:10 PM »
Quote from: DixieBelle on February 07, 2011, 02:03:26 PM
People still use AOL? :-)

Kind of what  I was wondering.  It's a moribund enterprise, what the Hell does the whole misbegotten lash-up gain by turning the content reins over to Arianna?   I believe I heard on the financial news this morning that the payoff was four or five years of HuffPo's current annual revenue, which means it isn't exactly an internet titan either.
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Offline cavegal

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #11 on: February 07, 2011, 02:20:57 PM »
One more thing I see she has no problem with "evil capitalism"
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Offline Evil_Conservative

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #12 on: February 07, 2011, 05:36:18 PM »
Quote from: cavegal on February 07, 2011, 02:20:57 PM
One more thing I see she has no problem with "evil capitalism"

We need to tax her at 97%!!!!!111111
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Offline Randy

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #13 on: February 07, 2011, 05:52:22 PM »
Good to see AOL is appealing to it's customer base. They've noticed that most of their customers log in at HuffPo when they go online. AOL is trying to establish itself as the Dial-up Moonbat Service.  :-)
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Offline md11hydmec

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #14 on: February 08, 2011, 02:11:59 AM »
Well, I'mone of the old fogies that still has AOL for email, but only because that was tje email I had when my kids where in school so their teachers could contact me.  I also met my wife online after I had gptten divorced.  I was really just down to using email only with them.  I'll be switchimg now.  It was moonbat central anywasy.
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Offline Mike220

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #15 on: February 08, 2011, 07:23:09 AM »
Who bought what? :???:
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Offline DumbAss Tanker

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #16 on: February 08, 2011, 09:07:48 AM »
Quote from: Mike220 on February 08, 2011, 07:23:09 AM
Who bought what? :???:

AOL bought HuffPo, and at an inexplicably-high price, but for some weird and equally-inexplicable reason, the deal also involves Arianna getting content control of AOL.  Very peculiar.
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Offline Wineslob

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #17 on: February 08, 2011, 10:08:52 AM »
Quote from: DumbAss Tanker on February 08, 2011, 09:07:48 AM
AOL bought HuffPo, and at an inexplicably-high price, but for some weird and equally-inexplicable reason, the deal also involves Arianna getting content control of AOL.  Very peculiar.



Just a tad.      :???:
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Offline Mike220

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #18 on: February 08, 2011, 10:10:01 AM »
Quote from: DumbAss Tanker on February 08, 2011, 09:07:48 AM
AOL bought HuffPo, and at an inexplicably-high price, but for some weird and equally-inexplicable reason, the deal also involves Arianna getting content control of AOL.  Very peculiar.

That was a little sarcasm on my part. Bad sarcasm, I guess...  :-)
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Offline DumbAss Tanker

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Re: Huffington Post agrees to $315 million buyout from AOL
« Reply #19 on: February 08, 2011, 10:31:24 AM »
Quote from: Mike220 on February 08, 2011, 10:10:01 AM
That was a little sarcasm on my part. Bad sarcasm, I guess...  :-)

Sorry...I thought it might be, but I wasn't sure.
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