Huffington Post and AOL?
It's been internet news today that AOL is buying Huffington Post website for over 300 million dollars. Jim Lehrer News Hour did a spot on the sale. They had an AOL spokesperson and Huffington herself as interviews about the sale.
I think at this point it is probaby more art than science trying to value in dollars an online venture. I have looked at Huffington Post before, but without having any kind of access to anything even medium speed at home, and only having access to high speed at work, where I have to work and can't just look around, I just don't have the opportunity to experience something like that. When it takes10 minutes or more for the website just to open, it changes your "browsing" habits.
But I do know that she is considered to be on the liberal side, whether she admits it or not. She said she has a blog by Tony Blankley, former McLaughlin Group conservative who got replace by Monica Crowley, as proof that she shouldn't be labelled "left." Whatever. But I was disappointed, and I think she was too, with herself, when she used the term "consumers" to describe her readers. Yuck. And right after she made this nice comment about how grassroots her website was.
My first comment to Kristi about the sale this morning was that there is a danger that it will be perceived as Huffington going corporate. I don't think she wants that. She better be careful, though, or that's what the perception may become, whether she intended it or not.