AOL is now the owner of the Huffington Post. The purchase was brought at $315 million. This purchase was made yesterday, February 7, 2011, however was not announced until this morning.
So.. What does this mean?
Well for one, the former owner of Huffington Post,Arianna Huffington is now a even richer woman. For the media, this opens up a whole new range of opportunities. With the Huffington Post and AOL now combined, the News, Tech, Entertainment, Video, etc will now be reaching 117 million Americans and 270 million Globally. In addition, the new group will be working towards redefining the Future of Brand Advertising and Marketing for an Engaged and Influential Audience!
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