Huffington Post sells out 2 AOL, Arianna now head of Engadget, TechCrunch, Moviefone, MapQuest, Black Voices, PopEater, AOL Music, AOL Latino, AutoBlog, Patch, StyleList. Price? $315 million.
I’ve looked up to Arianna Huffington as a new media pioneer and engaging, fun tireless influencer for years, and been a relatively successful columnist off and on for Huff Post, and have modeled some of elephant’s structure after Huff Post’s…so it’s with sadness that I see Arianna’s unique vision and energy absorbed into a conventional, and failing media company.
From NY Times:
…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. Now that it is to become part of a large corporate entity, what becomes of that unique character is an open question.
For the rest, click over to The New York Times.
hot on elephant
July’s Full Moon in Capricorn: The Heart wants what it Wants. The 4 Stages of a Good Divorce. How to Love a Woman who Scares You. Our Soulmates are Rarely Who We Expect. I Still Think of You. Men, Let’s Stop Fooling Ourselves: Size Matters. To the One Who Tried to Break Me. An Open Letter to the Fixers. How your Stored Memories in the Amygdala can lead to PTSD. How My Sister’s Death Transformed my Self-Perception.