Arianna Huffington vs. AOL
Keach Hagey, at The Wall Street Journal:
Arianna Huffington acknowledged Thursday that her portfolio at AOL Inc. is being scaled back to include only the Huffington Post, undoing a structure put in place when her website was acquired by AOL last year.
After buying the Huffington Post for $315 million, AOL gave Ms. Huffington editorial oversight of all its properties, including tech-news site TechCrunch, the patch.com network of local news sites, MovieFone and MapQuest.
First, Engadget’s editor left. Then, some of Engadget’s writers left. After some incredibly damaging–and very public–fighting, Michael Arrington was fired. Yes, the most powerful man in tech journalism was fired from a company that is trying to become the future of journalism. In the months that have followed, practically the entire TechCrunch team has left.
People don’t get in the lifeboats unless they think the ship
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