AOL announced that it’s buying the Huffington Post for over $300 million in cash. AOL has spent over $530 million on acquisitions this past year and this buy is another step towards becoming a massive content company. HuffingtonPost.com will bring the company 26 million unique visitors a month to turn into even more advertising revenue. Read the full article at CNN.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.