$315 Million Huffington Post Acquisition Closed After One Month
It was only a month ago that AOL agreed to acquire the Huffington Post for $315 million. Now, the deal has been finalized. Arianna Huffington is officially President and Editor in Chief of what is now called the Huffington Post Media Group: “a leading source of news, opinion, entertainment, community, and digital information.” This group [...]
Read MoreOpinion: Why The Huffington Post’s Global Black Section Won’t Work
Last month, the Huffington Post announced that it will be launching a new section of its website for African Americans called: The Huffington Post Global Black. This move is no surprise, considering how other news organizations have already expanded into this arena, including The Washington Post that already has “The Root” and NBC that has “The Grio.” [...]
Read MoreAOL Acquires The Huffington Post for $315 Million
Following their strategy to become the premier content network with local, national, and international reach, AOL has agreed to acquire the Huffington Post for $315 million, approximately $300 million of which will be paid in cash funded from cash on hand. Founded in 2005, The Huffington Post currently sees about 25 million unique visitors per [...]
Read MoreHuffington Post to Launch African-American Section: GlobalBlack
The Huffington Post and BET co-founder Sheila Johnson are launching a HuffPost section devoted to African-Americans. The new section will be called “HuffPost GlobalBlack,” and is expected to debut in early March. Huffington Post co-founder and editor-in-chief Arianna Huffington says the goal is simply to cover more stories “of importance to the black community.” GlobalBlack marks [...]
Read MoreHuffington Post Launches Technology and Innovations Section
Last Monday The Huffington Post announced it would launch a Technology and Innovations section on September 21st. The section will be lead by Jose Antonio Vargas. In the blog post last week titled Technology is Anthropology Vargas goes into detail on how this Technology blog will be a bit different than what we are use to.
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