Arianna Huffington Addresses The Future of AOL (VIDEO)
It's been announced that AOL has bought The Huffington Post for $315 million. As part of the deal, The Huffington Post's co-founder and editor-in-chief, Arianna Huffington, will now be in charge of all AOL's content, including TV Squad.Huffington and AOL CEO Tim Armstrong appeared on 'Piers Morgan Tonight' (Weeknights, 9PM ET on CNN), where they spoke about the deal, and the future of AOL.
Morgan wanted to know if AOL was going to start charging for content, noting that his ex-boss, News Corp's Rupert Murdoch, believes that charging readers to access online content is the only way forward.
Huffington disagreed, saying that, "People are used to getting their news for free. The only thing people are willing to pay for on the Internet are specific financial information that they can monetize and, don't ask me why, but they are willing to pay for weird porn."
So, you can rest easy: This means that TV Squad won't be charging for content any time soon. (And we won't be featuring any weird porn, either.)
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