Time Warner has spent the better part of my lifetime selling the lowest common denominator of entertainment/news to the American public.
It doesn't matter if it's producing cop killer, pornographic rap music or a news magazine that makes Pravda look like Fox News. If it's Time Warner, I ain't with it.
For crying out loud, I even had to give up my Sports Illustrated subscription because of their push to make it a left wing sports magazine.
So it just seems like a great fit that AOL buys The Huffington Post.......
AOL Inc has agreed to buy The Huffington Post, the influential and rapidly growing news, analysis and lifestyle website, for $315 million, the struggling U.S. Internet company announced on Monday.
The move will create a media group that will have a combined base of 117 million visitors a month in the United States, and reach 270 million people globally, AOL said in a statement.
The deal follows efforts by AOL’s chief executive Tim Armstrong to turn around the dial-up Internet access business by trying to turn it into a media and entertainment powerhouse, despite difficulties in attracting investors.
AOL suffered sharp declines in advertising sales and dial-up subscriptions in the fourth quarter of 2010, driving overall revenue down 26 percent.
Arianna Huffington, co-founder of The Huffington Post, said on her blog that she would lead a newly formed The Huffington Post Media Group, which will integrate all Huffington Post and AOL content, as its president and editor-in-chief.
I know what you're thinking, Time Warner spun AOL off a couple of years ago. But hey, great commies think alike.