Recently both New York magazine and Capital New York took in-depth looks at Arianna Huffington and the AOL/HuffPost merger. The following is some highlights from the articles: Ariana Huffington provides, charisma, power and interest in her position as founder of the Huffington Post. Last year [Full Story…]
Is Business Insider Becoming the Next Huffington Post?
November 9, 2011 at 4:03 pm
NY-based news site Business Insider, which was launched back in February 2009 with a focus on the digital/tech scene in NY, was recently compared to The Huffington Post in article in The Wrap about its in fast paced growth and revenue. According to the article, the site has been valued at $45 [Full Story…]
Will AOL Make a Financial Turnaound?
November 7, 2011 at 8:07 am
Are AOL's days of hardship over? During the NY company's recent earnings announcement, it was reported that its total revenue fell 6% to $532 million in the third quarter, but it was the lowest percentage decline in five years, according to Crain's New York Business. The company's advertising [Full Story…]
AOL Pushing Video in Attempt to Boost Revenues
October 7, 2011 at 3:08 pm
With AOL’s stock down 53 percent in the past year, the company is starting to make some changes in their business model to try to generate revenue and save money. The company is launching a series of more than 15 original made-for-the-web “webisodes,” featuring the likes of Jennifer Lopez, [Full Story…]
HuffPost Reaches 1 Billion Page Views
October 3, 2011 at 4:38 pm
The Huffington Post has reached 1 billion views during the month of August, according to All Things D. The media group also purchased online grassroots platform Localocracy for just under $1 million. Since HuffPost was acquired by AOL, it has launched new sections to accommodate "every interest and [Full Story…]
10 Most Expensive NY Startup Acquisitions
September 22, 2011 at 5:27 pm
Business Insider acquired an early copy of the 45-page research report on the New York tech scene from investment banking firm Gridley & Company, and found out which companies have been acquired for the most money since 2008. Starting off the list was OkCupid for $90 million, acquired by [Full Story…]
Vogue and The Wrap Take a Look at “The Queen of Aggregation”
September 22, 2011 at 7:11 am
Sixty one year-old Arianna Huffington will always be the target of both awe and suspicion, according to Vogue. The Queen of Aggregation, as former New York Times editor Bill Keller called her, reportedly sees no conflict between the staid middle American AOL and the "activist" Huffington [Full Story…]
HuffPost Releases its First e-book
September 9, 2011 at 9:19 am
NY-based The Huffington Post released its first e-book this week, "A People's History of the Great Recession," written by HuffPost's reporter Arthur Delaney. The e-book, an expose on the lives of Americans facing unemployment and foreclosure, is available through Amazon, Barnes & Noble, Apple [Full Story…]
Graphic Designers Angry Over Huffington Post Contest
August 19, 2011 at 10:05 am
The Huffington Post recently launched a competition in which the winner would have his or logo represent the company on Twitter, with credit being the only prize. The news site was accused of asking for "speculative work," seeking a way to get work done for free without a monetary incentive. [Full Story…]
AOL Takes Long-Term View as Income and Share Price Fall
August 19, 2011 at 7:11 am
According to the New York Times, CEO Tim Armstrong said fixing AOL will take until 2013. The company’s share price plummeted last week after announcing its annual operating income would be down as much as 20 percent due to weak ad sales. The Times reported that some analysts claim the company [Full Story…]
AOL Struggles to Profit From Website Expansion
August 16, 2011 at 10:04 am
AOL has over 800 websites but according to The Wall Street Journal the company is not earning enough money selling ads on all of their sites to cover its costs for a profitable business. CEO of AOL, Tim Armstrong has invested heavily in producing content and is attempting to build up the company's [Full Story…]
Chris Dixon Blogs About What NYC Startups Need and Don’t Need
August 5, 2011 at 3:04 pm
A recent post on Chris Dixon's blog discussed his opinion on what he felt the NYC startup world needs and doesn't need. One of the things that Dixon, CEO of Hunch and serial investor, talked about was the need for more web product design talent. Dixon explained that NY has one of the best design [Full Story…]
Bedrocket Media Ventures Raises $9 Million in Equity Financing
August 1, 2011 at 3:03 pm
According to citybizlist, Ken Lerer has raised $9 million in equity financing for his new company, Bedrocket Media Ventures LLC. Lerer, who co-founded the Huffington Post, is the Chairman and co-founder of Bedrocket, which is a Web TV company that is a video studio and incubator. The company [Full Story…]
Digiday Discusses AOL’s Lacking Video Strategy
July 31, 2011 at 1:04 pm
A recent story on Digiday discussed AOL's underachieving video strategy that has been all talk up to this point. In October Tim Armstrong, CEO of NY-based AOL, announced several new series and partnerships that he hoped would make the company a leader in original video entertainment. In February, [Full Story…]
HuffPo Suspends Writer, Sparks Controversy Over Repackaging Content
July 13, 2011 at 1:09 pm
The Huffington Post has suspended writer Amy Lee indefinitely for repackaging part of an AdAge article as her own, sparking the site's first full-blown controversy since it was acquired by AOL earlier this year. The controversial practice has long been condoned by HuffPost, which aggregates much [Full Story…]
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