AOL buys The Huffington Post for $315 million

New York Times

Arianna Huffington will take control of all of AOL’s editorial content as president and editor-in-chief of a newly created Huffington Post Media Group. "The deal carries a risk for The Huffington Post, which has had none of AOL’s troubles and is widely viewed as a business success with its own unique voice and identity," write Jeremy Peters and Verne Kopytoff. "Now that it is to become part of a large corporate entity, what becomes of that unique character is an open question." || Read Arianna's post about the deal, and the press release. || Kara Swisher interviews Huffington and AOL CEO Tim Armstrong.

> Read Armstrong's memo to AOLers (Deal "is core to our strategy")

> Fineman: Possibilities are exciting, responsibilities challenging

> Paul Carr: "For once, I find myself applauding Armstrong"

> Parr: "AOL has catapulted itself back into relevancy"

> Jarvis: Why didn't a big, old media company buy HuffPo?

> Read what HuffPo, AOL CEOs told analysts in a conference call

  • Jim Romenesko

    From 1999 to 2011, Jim Romenesko maintained the Romenesko page for the Poynter Institute, a Florida-based non-profit school for journalists. Poynter hired him in August of 1999, after seeing his MediaGossip.com, a hobby site he started in May of 1999.

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