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2011-02-07 Home Front: Culture Wars
AOL buys Huffington Post for a cool $315 million
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Posted by phil_b 2011-02-07 02:53|| || Front Page|| [11129 views ]  Top

#1 They should spend some of that money on a graphic artist. HP has a real retro feel to it. Which doubtless makes it a good match for AOL.
Posted by phil_b 2011-02-07 03:02||   2011-02-07 03:02|| Front Page Top

#2 Just incredible.

I wouldn't have bought HP for $4.00 even.
Posted by badanov 2011-02-07 05:25|| http://www.freefirezone.org  2011-02-07 05:25|| Front Page Top

#3 What is that old line? Something about a fool and their money. I guess we know which way Tim tilts.
Posted by Secret Agent Man 2011-02-07 07:30||   2011-02-07 07:30|| Front Page Top

#4 Huffalufagus Post - now accessible via 56K dial-up modem!
Posted by Frank G 2011-02-07 08:13||   2011-02-07 08:13|| Front Page Top

#5 I was thinking it was worth about as much as Newsweak which was up for a buck.
Posted by JohnQC 2011-02-07 08:34||   2011-02-07 08:34|| Front Page Top

#6 p/e ratio is defined as price per share divided by earnings per share. In this case, the p/e ratio of HP makes it about as valuable as Newsweek.
Posted by  Anonymoose 2011-02-07 09:08||   2011-02-07 09:08|| Front Page Top

#7 AOL just didn't buy HuffPo.

They bought all the contents of HuffPo.

Including all the crazy commenters, conspiracy theories, and foolish wacko columnists.

For $315 large.

Man alive, I am in the wrong business.
Posted by Steve White 2011-02-07 09:16||   2011-02-07 09:16|| Front Page Top

#8 “As part of the transaction, Arianna Huffington, The Huffington Post’s co-founder and editor-in-chief, will be named president and editor-in-chief of The Huffington Post Media Group, which will include all Huffington Post and AOL content,” the statement said

so - never trust AOL content
Posted by Frank G 2011-02-07 09:43||   2011-02-07 09:43|| Front Page Top

#9 A payoff laundered through AOL?
Posted by Water Modem 2011-02-07 09:45||   2011-02-07 09:45|| Front Page Top

#10 I seem to remember someone calling Ariana, the most upwardly mobile Greek since Icarus.
Posted by tipper 2011-02-07 09:46||   2011-02-07 09:46|| Front Page Top

#11 Well, all the fascinating woo health information posted there is worth at least $315 mill, right?

It's like they are getting all that hard hitting political insight and analysis for free.
Posted by Swamp Blondie 2011-02-07 10:14||   2011-02-07 10:14|| Front Page Top

#12 AOL lost $782 million last year.
Posted by Frank G 2011-02-07 10:20||   2011-02-07 10:20|| Front Page Top

#13 IIUC, HfPo has a seat at the president press conferences, correct? Does that necessarily transfer across?
Posted by swksvolFF 2011-02-07 10:46||   2011-02-07 10:46|| Front Page Top

#14 AOL still exists!?!? AND HAS MONEY!?!?!

Did Hell just freeze over?
Posted by DarthVader 2011-02-07 11:29||   2011-02-07 11:29|| Front Page Top

#15 How much would they offer for Rantburg? And would Fred sell?
Posted by Ebbang Uluque6305 2011-02-07 13:22||   2011-02-07 13:22|| Front Page Top

#16 Lefties have a simple system for making things work and it's called "cooking the books". It kept the soviet union going for 70 years and it was so spectacularly successful that everyone was worried right until it collapsed.
So lets see what exactly is involved in this purchase and can it be verified?
Posted by tipper 2011-02-07 13:23||   2011-02-07 13:23|| Front Page Top

#17 A payoff laundered through AOL?

It sounds likely to me.
Posted by Thing From Snowy Mountain 2011-02-07 14:00||   2011-02-07 14:00|| Front Page Top

#18 People buy things and don't always give the real reason, I think AOL intends Huffpo to vanish.

Look at K Mart buying Sears Roebuck, all they wanted was a respectable name. (And they're destroying that)
Posted by Redneck Jim 2011-02-07 16:56||   2011-02-07 16:56|| Front Page Top

#19 Would be interested in the details of how this will be paid. That info would point toward whether this is phony money or laundered.
Posted by Iblis 2011-02-07 17:20||   2011-02-07 17:20|| Front Page Top

#20 Did they get any Boys and Girls Clubs to toss in a coupla bucks too? I mean, what a great investment...
Posted by tu3031 2011-02-07 18:52||   2011-02-07 18:52|| Front Page Top

#21 This article would seem to cry out for the "That doesn't make a bit of sense" graphic.

Hey, maybe this is a sign that Fred's long-held dream of selling Rantburg to Life Magazine isn't just a fantasy any more.
Posted by SteveS 2011-02-07 19:32||   2011-02-07 19:32|| Front Page Top

#22 People buy things and don't always give the real reason, I think AOL intends Huffpo to vanish.

Possibile. HuffPo will be the label, with AOL subsumed. Whether or not that translates into lost membership is another story.
Posted by Pappy 2011-02-07 21:02||   2011-02-07 21:02|| Front Page Top

#23 Man, I'll bet Ariana did the Billy "White Shoes" Johnson End Zone Dance as soon as this AOL jamoke left the room.
Hope she got her money up front.
Posted by tu3031 2011-02-07 22:11||   2011-02-07 22:11|| Front Page Top

#24 The Billy "White Shoes" Johnson Touchdown Dance...
Posted by tu3031 2011-02-07 22:15||   2011-02-07 22:15|| Front Page Top

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