Arianna Huffington, creator of the Huffington Post is a no-nonsense entrepreneur. She’s also both a liberal and Greek by birth (karma +2)
And as of last night, she’s also $315 million richer, having sold the Huffington Post to AOL.
AOL? That’s right, good old America Online.
The great part of this transaction is not only the timing and the amount involved but also the fact that Arianna Stassinopoulos – Huffington was also made chief of all AOL content, which includes Engadget, TechCrunch, Moviefone, MapQuest, Black Voices, PopEater, AOL Music, AOL Latino, AutoBlog, Patch, StyleList, and more.
Holy huffing sh*t!
The official press release states:
“The acquisition of The Huffington Post will create a next-generation American media company with global reach that combines content, community, and social experiences for consumers,” said Tim Armstrong, Chairman and CEO of AOL.
“Together, our companies will embrace the digital future and become a digital destination that delivers unmatched experiences for both consumers and advertisers.”
All this, while the majority of America was hypnotically watching GoDaddy’s commercial with Joan Rivers and the Super Bowl. Monday is going to be a big day at Wall Street! 😀
She going to quit within a year
Whatever AOL touches, it turns into coal.
BullS – I would have taken that position without $315 million and a salary of $1 😀
Never mind that she is Greek or $315 million richer, she is one of the most intelligent and gorgeous women on the planet earth. She also has no qualms about exposing, societal political bureaucratic bullshit. Nobody can touch her, pure class.