Huffington Post agrees to $315 million buyout from AOL

Discussion in 'Blazers OT Forum' started by Denny Crane, Feb 7, 2011.

  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    http://www.washingtonpost.com/wp-dyn/content/article/2011/02/07/AR2011020700247.html

    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 the Huffington Post Media Group, which will put the news outlet she co-founded under the same ownership as AOL's collection of sites.
     
  2. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Even traditional web based news sites seem to be in trouble, otherwise I have no idea what the strategic value for HuffPost is in merging with the albatross known as AOL.

    The really big news, IMO, in the game is this:
    http://www.thedaily.com/
     
  3. BoBoBREWSKI

    BoBoBREWSKI BURP!

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    That's a lot of $$$$.
     
  4. Colonel Ronan

    Colonel Ronan Continue...?

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    Where the hell are AOL getting that money from?
     
  5. BLAZER PROPHET

    BLAZER PROPHET Well-Known Member

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    This begs an ignorant question from me.

    I really don't know how effective advertising is with traditional newspapers. Most of the ads I automatically skip over as I read unless I'm looking for something specific like tire ads in the sports section. And even then I go to the internet more and more. Now, with internet newspapers there are less ads and I really tune them out. How then do internet based news companies make all their money and become worth so much?
     
  6. chris_in_pdx

    chris_in_pdx OLD MAN

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    AOL still exists?
     
  7. MrJayremmie

    MrJayremmie Well-Known Member

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    AOL? I had no idea they were doing that well.
     
  8. Natebishop3

    Natebishop3 Don't tread on me!

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    They're still merged with Time Warner, no? AOL secured their future a long time ago. Plus, a lot of older people still use AOL (my mom being one of them). They cling to it. I keep trying to explain that you don't need AOL but she doesn't listen.
     
  9. maxiep

    maxiep RIP Dr. Jack

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    Another Liberal sellout to "The Man".
     
  10. BlayZa

    BlayZa Misbehaving responsibly

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    they have worth because of content. unique content is the real champion though.

    as far as skipping over ads that aren't relevant to you, that's the whole beauty of it really. people take everything in and filter it. it's one of the less invasive forms of advertising for sure.

     
  11. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    AOL was spun off from Time Warner and is a separate entity these days.
     
  12. mook

    mook The 2018-19 season was the best I've seen

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    I don't know anybody who thinks advertising (online or otherwise) really works on them. And yet I look at my own small business and the tens of thousands of bucks we spend annually on online advertising...we have the metrics to prove that for every dollar we spend on ads makes two dollars.
     
  13. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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  14. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    What's the demographic of your customer base, and what's the demographic of the people you know? Maybe they are disjoint sets?

    barfo
     
  15. jlprk

    jlprk The ESPN mod is insane.

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    The CIA owns companies or parts of them. This would explain why Comcast bought MSNBC and why AOL bought Huffington. Denny, what is this site worth? If you made this a liberal board, they would overpay you so they could make it conservative. You need to pay me to post 24 hours a day under many names for a couple of years and then pitch the CIA an offer.
     
  16. Klinky

    Klinky Seal Of Approval

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    Ever since broadband Internet access became mainstream, AOL has ceased being an ISP and has switched almost entirely over to being a content mogul. Note most of their recent acquisitions have been online media sites. They are actually making pretty good $$$. The AOL "purchase" of Time Warner with "Internet Bubble Dollars"(IBDs) back in 2000 was a pretty swank move though.
     
  17. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Even when dial up was king, AOL was a content player.
     
  18. BoBoBREWSKI

    BoBoBREWSKI BURP!

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  19. mook

    mook The 2018-19 season was the best I've seen

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    Well, my wife is in our target market. But I think specific demographics are kind of irrelevant to my main point. Google is probably the biggest business success story in America over the past decade, and 99% of its income comes from advertising.

    Yet if you ask people, "Do you ever click on those paid ads?" people always say no. Somebody must.

    In fact, almost everybody does at some point. It's just that 95+% of the time people use Google they aren't making purchasing decisions, and even when they do the majority of the time they click on non-paid search results.

    But believe me, for nearly any demographic outside of the Amish and babies there's a way for somebody to make a buck off you in advertising on the internet.
     
  20. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    I guess that's the case - there's presumably a reason why I still get Nigerian emails, too - I assume some people still fall for it. Probably the same people who click on on-line ads?

    barfo
     

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