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AOL To Buy Huffington Post

Posted by CmdrTaco on from the gobble-gobble-gobble dept.

Hugh Pickens writes writes "The La Times reports that AOL has agreed to purchase the Huffington Post for $315 million. The purchase will increase AOL's news portfolio as it competes against Yahoo's growing online news publication profile and Google's news efforts, as well as traditional media companies online. The purchase has yet to acquire government approvals, but the boards of directors of each company and shareholders of the Huffington Post have approved the transaction."

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  1. Will the "unpaid contributors" stick with it? by Chrisq · · Score: 5, Interesting

    Correct me if I am wrong but on the news this morning they said that most of the content of the Huffington Post came from unpaid bloggers, usually with a liberal outlook. It seems to me that they might not be as happy working for nothing for AOL as they were with an independent outlet. What are the chances that a good number of them will move elsewhere?