Wednesday, May 13, 2015

AOL, a Digital Pioneer, With Another Chance to Reshape Itself - NYTimes.com

Final paragraphs of an AOL profile, including a tumultuous timeline; also see What Verizon Buying AOL Is Really About (WSJ -- spoiler alert: video)
"Mr. Armstrong said that both AOL and Verizon were “big investors in content” and that “content is a huge part of the future.”

Asked if Arianna Huffington, founder of The Huffington Post and an AOL executive, was planning to work for Verizon, Mr. Armstrong said, “Yes, definitely.”

On Tuesday, Mr. Armstrong said that he also would stay on at Verizon and that he had signed a multiyear contract with the company. One friend has said that he aspires to be the Rupert Murdoch of the digital age. Mr. Armstrong said that he was living his dream now.

“If you want to talk about building the next great global media platform,” he said, “the deal accomplished that goal, and that is what I am here to do.”"
AOL, a Digital Pioneer, With Another Chance to Reshape Itself - NYTimes.com
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