AOL bought the Huffington Post for $ 315 million.

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Now, The usa on Line or AOL and the&#one hundred sixty;Huffington Submit&#one hundred sixty;, are one and the identical firm.&#one hundred sixty;The AOL website has appropriated the HuffPo, a popular information web page within the U.S. and marked on the left for $ 315 million .&#a hundred and sixty;The alliance has given delivery to Huffington Put up Media.The latter will likely be below the aegis of Arianna Huffington, founding father of HuffPo.&#a hundred and sixty;This entity will carry collectively the entire content material produced by means of AOL.


Huffpo

Specifically, Arianna Huffington is the editor who will handle the content, whether news, information on new technologies (including TechCrunch, among others, also recently acquired by AOL), women, communities, videos, short, every existing thematic. The new editor said that the editorial line of AOL and Huffington Post is quite complementary. If the former is more general and focused on sport, the second is more devoted to political news and other items easier.

For AOL, this cooperation is of strategic importance aiming to move from ISP to Web content provider. The leader Tim Armstrong of AOL, said in a statement that the purchase of the site HuffPo is once more a confirmation of the desire for AOL to become "the newAmerican media, including both the content and social networking that the experiences of consumers. "

4 million dollars of annual salary for Arianna Huffington

Furthermore, the Drudge Report reported that Arianna Huffington will be paid $ 4 million per year for this position. Wages too high and unjustified say some observers. Indeed, Arianna Huffington would intervene only to 18 million in sales for the Huffington Post AOL.

The discussions between the CEO of AOL and Tim Armstrong Huffington began in November 2010 at a conference in New York. Tim Armstrong made his formal offer in January during a telephone conversation while Arianna Huffington participated in the Davos forum. HuffPo expects to achieve a turnover of 65 million this year, which sets its price to about 5 times that amount. Eric Hippeau, HuffPo CEO leaving the company while the remaining staff will integrate with the Huffington Post initiator.

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