All the news fit to print my ass…
AOL has agreed to purchase news blog service The Huffington Post for $315 million, the two companies announced Monday. The Huffington Post is known for its left-of-center political coverage and also as blogs about sports and entertainment geared at the under 29 and under market.
The New York Times reported last night that the Huffington Post has grown into one of the most heavily visited news Web sites in the U.S. NYT says the deal creates an unlikely pairing of two online “media giants”.
Arianna Huffington, The Huffington Post’s co-founder and editor-in-chief, will be named president and editor-in-chief of The Huffington Post Media Group, which will include all Huffington Post and AOL content.
Arianna Huffington told CNN’s Christine Romans in an e-mail message that her blog has 26 million unique visitors a month, a Web traffic measurement used by marketers. She said AOL has a total of 110 million unique visitors a month in the United States and 250 million unique visitors worldwide.
Sounds like confirmation that there are still millions of morons paying $20 bucks a month for an email address they could get for free. Of course it also comes as no surprise that they also haven’t figured out how to read their email without signing into AOL.
Adrienne (no relation to Adrianna thank God) over at the Jr Deputy Accountant points out that AOL has an Alexa rank of 767 and loads slower than 90% of the sites on the Internet . Does that sound like a media giant to you?
Huffington said that among her goals for the deal is “to do so much more in the living space especially for women, (and) to do more and more original reporting telling the stories of our time and putting flesh and blood on the economic data.”
Looks like Huffington will succeed in accomplishing what no one before her did; stopping millions of old geezers from writing checks to AOL every month!