AOL bought Huffington for their reach... they want the hits.
Posted on 02/08/2011 8:48:49 AM PST by Jack Hydrazine
CNSNews.com) - The announcement early Monday morning that America Online (AOL) is buying Arianna Huffington’s liberal Web site, The Huffington Post, for $315 million -- $300 million in cash -- left at least one conservative outraged.
“This proves AOL News has lost its mind,” said L. Brent Bozell III, president of the Media Research Center.
“They must be in such dire straits that they’ve been blinded by the millions and think an acquisition of The Huffington Post is worth sacrificing credibility and objectivity,” Bozell said. "AOL News is fooling only itself in thinking there is no journalistic conflict in merging with a hate-filled, vicious, radically left-wing rag.”
The Huffington Post, Bozell said, is not just a liberal publication -- it is a purveyor of anti-conservative hate speech.
“We can only assume that AOL News has been infected with the same vicious motive: to target and obscenely smear conservatives,” Bozell said. “They can do that if they want, of course, but please don’t call it AOL ‘News.’ That’s now become an insult.”
I didn't know "AOL news" ever had any of either.
AOL never had a mind to begin with.
I pulled out of AOL within minutes of hearing the news.
FWIW, AOL has always leaned far to the left.
But buying HuffPo was a strange move, I agree. Even one of my liberal sons in law when he mentioned it last night found it strange.
And financially it seems really stupid. AOL’s time is past, frankly, and I fail to see how this is likely to restore their usefulness.
Are the AOL shares still plummeting since the announcement?
Very early, I got onto the internet via CompuServe. In fact, for a while I was a Sysop in their help forum, which got me a free connection.
But when AOL took over CompuServe, the forums began to dry up, the software got worse and worse, and I finally just had no use for it. I kept on for a while because my kids all talked to their friends with AIM. Also, I could use the dialup when my cable connection went on the blink.
But that completely dried up, too, and I was able to end my subscription quite some time ago. I don’t think any kids use AIM any more.
I don’t understand why anyone would still use AOL to access the Internet.
Will this require AOL to change its name to NAOL?
Not America On Line...........
Acted like drunken sailers with the money. AOL evidently has too much money to know what to do with to purchase such a sleezy leftist outfit.
$315 million for that dog? It staggers the mind as to what this site must honestly be worth. But Jim, don’t sell. We like things the way they are.
AOL didn’t do this as a financial investment, but as a political one, to expand the reach of progressive propaganda over the next two years, and to help Obama’s relection.
Elite Derangement Syndrome.
You did it in one day?! What was your process. I went on to cancel yesterday and didn’t really know the steps. I want to cancel could you share your experience and how tos with me. I hear it is a witch to do it.
Seriously, from a pure business standpoint WTF are they thinking?
Upon hearing this News how many Liberals out there are going, “Wow, Let me go sign up for AOL”?
Few if any
Upon hearing this News how many Conservatives out there are going, “Wow, I am cancelling my subscription ASAP”?
A lot
A liberal looking for media to suit their needs has a gazillion choices while a Conservative has few. And more people define themselves as conservatives than liberals.
Being the Liberal market is over saturated and there a void in the Conservative market, from a pure business standpoint wouldn’t it make more sense to target the conservative market?
AOL has been obsolete for years, why would anyone go to AOL to get the same news (and spin) they already get from the AP & Reuters just by opening Yahoo or Google?
Not to mention the people who still use AOL tend to be rural where they have fewer internet provider choices and rural people tend to be more Conservative
So Stupid on so many levels
“Are the AOL shares still plummeting since the announcement?”
Looks like it. At the moment I write this the stock is down three percent.
http://www.marketwatch.com/story/aol-profit-surges-even-as-sales-decline-2011-02-02?siteid=rss&rss=1
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