After losing its CTO, Tech Crunch Editor Erick Schonfeld, and others, AOL has experienced turmoil, but Cnet says that they are back on the rise under the guidance of CEO Tim Armstrong. In the last year, shares of AOL have risen 112 percent from $17.67 to $37.48. The traffic on their news outlet, [Full Story…]
AOL’s Tim Armstrong Would Buy Time Inc. If He Could
March 7, 2013 at 4:25 pm
When asked whether he'd consider purchasing Time Warner's magazine unit, AOL CEO Tim Armstrong said that it's not an option for AOL. But he said that if he has the means, he would probably make an offer. He said that he's a believer in brands and he believes there is a way to make the brand of Time [Full Story…]
#AOL Confirms Acquisition of Tech Review Site #gdgt
February 15, 2013 at 2:03 pm
The owners of TechCrunch have now formally announced that they will own the technology review site gdgt.com. Although financial terms have no been decided, gdgt co-founders Peter Rojas and Ryan Block said that they chose AOL because they felt it was the best fit. According to TechCrunch, Ryan [Full Story…]
Tim Armstrong Takes a Long Term View of #AOL
December 16, 2012 at 4:09 pm
AOL CEO Tim Armstrong talked with Business Insider editor-in-chief Henry Blodget about the future. Armstrong said, "In the content business, we are investing into what may not be popular in the time period, which is people think that the content businesses are expensive, and they don't look like [Full Story…]
Top Tech Execs Ponder Trends at #BusinessInsider NY Conference
December 3, 2012 at 10:02 am
Tech giants discussed the difficulty of being in the spotlight at the Business Insider Ignition Conference in NY this week. AOL founder Steve Case said, "One day you're the smartest guy in the world, the next day you're the dumbest. It goes with the territory." According to Variety, Case fell from [Full Story…]
#HBO, #Showtime to Air #SandyBenefit Concert at #MSG in NY
December 1, 2012 at 12:09 pm
The Dec. 12 Hurricane Sandy Benefit Concert at Madison Square Garden will be televised by several major networks and lived streamed. The concert will be shown on AMC, HBO, Showtime and Sundance Channel, and it is expected that other networks will also air the event. The Sandy Concert will be [Full Story…]
AOL and Patch Send #Sandy Relief Trucks to LI, NJ
November 7, 2012 at 2:26 pm
According to Patch, AOL and Patch employees donated two tractor-trailers worth of food, water, and other supplies to areas in New Jersey and Long Island that were devastated by Hurricane Sandy. Patch Chief Content Officer Rachel Fishman Feddersen said, "When a catastrophe of this size hits, we all [Full Story…]
#AOL’s Shares Rise 188% YTD
October 17, 2012 at 2:36 pm
AOL’s share price has nearly tripled in the past year. It shot up after the company announced plans to sell patents to Microsoft for $1 billion and return profits to shareholders through buybacks and dividends. Since then, the stock has risen 39 percent. Over the past 12 months its shares have [Full Story…]
AOL Launches 22 YouTube Channels at #AWIX
October 1, 2012 at 2:33 pm
During Advertising Week in NY today, AOL announced that it will offer its full original video library on YouTube, according to Web Pro News. The videos will be both distributed and monetized on YouTube. The collection totals about 20,00 videos from various brands like TechCrunch and The [Full Story…]
Patch Starts Redesign with LI Sites
September 27, 2012 at 8:28 am
Patch, Aol's hyperlocal community site, is introducing a redesigned website meant to create more social networking and discussion between members. According to paidContent, the redesign is also being used to reduce the need for paid editors and freelance writers. At the beginning, the changes will [Full Story…]
#AOL Quits QLabs While Arment Gets Religion
September 25, 2012 at 2:41 pm
Rumor has it that AOL Ventures will shut down its think tank QLabs. Sources told the New York Observer that funding for the project had run out. The NYO also reported that NYU journalism professor Clay Shirky likes the advice column Imperfect Advice from Strangers and that Marco Arment, creator of [Full Story…]
New #AOL Partnership Boosts Magnify.net’s Video Content Service
September 24, 2012 at 2:31 pm
A new partnership with AOL allows Magnify.net to offer more than 420,000 videos to ad networks, brands and publishers. The cloud-based video curation service will update its platform to Magnify 3.0 and through the AOL On Network, offer existing content from news organizations such as BBC News, [Full Story…]
Armstrong Says Patch 2012 Projections up to $50M
July 26, 2012 at 2:21 pm
During Wednesday' s second quarter earnings call, AOL CEO and Chairman Tim Armstrong continued to express his support for AOL's local news network, Patch. Armstrong said that the 850-plus sites for Patch have projections of $40 to $50 million in revenue for 2012, according to paidContent. Amstrong [Full Story…]
AOL News Closes, The Huffington Post Takes Its Place
June 15, 2012 at 11:13 am
AOL has decided to shut down its news site AOL News just as they launched this week their iPad app Huffington. According to Adweek, AOL News used to surpass The Huffington Post's web traffic with 9 million unique viewers a month, but now will be consolidating its news efforts into HuffPost, rather [Full Story…]
Alternative Press Offers Licensing Program for Hyperlocal Outlets
June 3, 2012 at 4:05 pm
The Alternative Press (TAP), an indie network of 14 sites in suburban New Jersey, created a new licensing program making hyperlocal news outlets easier to sustain. According to Streetfight, TAP allows startups to have the proper tools to create hyperlocal news with editorial templates and sales [Full Story…]
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