Cable Game fave Jeff Bercovici takes a look at what's going on at AOL/Huffington Post now that Arianna Huffington has taken over. And it's not good. He quotes on ex-AOL-er: “Arianna’s a world-class politician, a world-class media maven and a genius at p.r., but she’s not an experienced manager.”
Uh oh.
And, of course, there are other similar stories:
So it seems certain,now, that Wall Street is going to start judging AOL's purchase of Huffpo. In fact, take a look:
AOL stock was $20.60 on the day that the purchase was announced--at "H" in the chart above. And AOL stock closed today at $19.24.
And, of course, there are other similar stories:
So it seems certain,now, that Wall Street is going to start judging AOL's purchase of Huffpo. In fact, take a look:
AOL stock was $20.60 on the day that the purchase was announced--at "H" in the chart above. And AOL stock closed today at $19.24.