Things that Make you Go Hmm …
Well, well well, the liberal leaning Huffington Post has agreed to a $315 million buyout from AOL. The news broke lasy night on the HuffPo. Arianna Huffington will become president and editor in chief the Huffington Post Media Group. She will control media content?
Huffington Post founder Arianna Huffington, who made the announcement on her site Sunday night, will become president and editor in chief the Huffington Post Media Group, which will put the news outlet she co-founded under the same ownership as AOL’s collection of sites. Huffington – the former wife of one-time Republican Senate candidate Michael Huffington – has evolved into a well-known pundit and author, and a powerful player in Democratic circles as a result of her venture.
Has AOL just turned into the MSNBC of the Internet? AOL can no longer appear to be apolitical with this merger.
By handing so much control over to Ms. Huffington and making her a public face of the company, AOL, which has been seen as apolitical, risks losing its nonpartisan image. Ms. Huffington said her politics would have no bearing on how she ran the new business.
Many are asking like The Other McCain and the American Spectator as to whether this merger makes sense and if there was a misplaced decimal point. I am not sure it does as well, that kind of $’s for that many uniques? Hmm.