HuffPo was founded in 2005 and from the start utilized social media. It has been the poster child for how a media-based company should evolve with social trends. This is probably the reason why the co-founder and editor-in-chief of HuffPo will be named the president and editor-in-chief of The Huffington Post Media Group, which will include all Huffington Post and AOL content.
This acquisition didn't come cheap. AOL will spend $315 million on the deal, but the strategic move should prove to be very beneficial. This should serve as a reminder to everyone that staying with the social trends is not only important but necessary to keep your business alive.
1 comment:
AOL! I still have AOL! haha
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