Is the Huffington Post for sale?
Arianna Huffington, queen of news aggregation, co-founder and editor-in-chief of The Huffington Post gave an interview to Canadian media outlet, The Globe and Mail, and the article revealed some interesting facts.
The Huffington Post is a news website and content aggregating blog founded by Arianna Huffington, Kenneth Lerer, and Jonah Peretti, featuring various news sources and columnists. The site offers coverage of politics, media, business, entertainment, living, style, the green movement, world news, and comedy, and has news, blogs, and original content. The Huffington Post was launched on May 9, 2005.
After explosive growth, they had to fend off content theft law suits in the process, columns by Arianna Huffington and a core group of contributors such as John Conyers, Harry Shearer and Roy Sekoff, The Huffington Post has over 3,000 bloggers—from politicians and celebrities to academics and policy experts—who contribute in real time on a wide-range of topics.
Arianna Huffington is the 28th-most-powerful woman in the world, according to Forbes. If that makes her less potent than, say, Lady Gaga (7th), she currently outranks The Daily Beast’s Tina Brown (34th), her rival in the online diva stakes.
Of course, HuffPo is more than a liberal organ. Only 20 per cent of its more than 24 million unique monthly visitors (making it second in online news traffic after The New York Times) come for the political fodder. Most check out the celebrity bloggers or enter one of its 26 sections, ranging from travel to divorce.
HuffPo derives much of its traffic from one-off Google hits. Indeed, stories are structured to move to the top of search engine results. And they more often than not involve the “bright, shiny things” that Ms. Huffington criticizes the mainstream media so much for. Trivialities such as 29-year-old Illinois Republican congressman Aaron Schock’s abs, or his gay icon status, are at least as common as more serious fare.
“Huffington Post includes a very vibrant community,” she declares proudly, pointing to the nearly four million comments posted monthly on the site. “As the news is increasingly social, people don’t just want to consume it. … They want to be part of the story of their times.”
After the success is it becoming a temptation to cash it in and take it to Wall Street? There is speculation that she and her partners are preparing to sell HuffPo, or take it public, to cash in on the site’s estimated market value of $100-million. I hope not, she and her partners cannot possible need the money, unless they feel a need to buy a country or two. Yahoo is reported to be hungry to buy.
I loved her on Green Acres….the chores,the stores…dahling I love you,but give me Park Ave..That was her best work.
You seem like a sitcom guy Chuckie, plus you are giving your age away, Arianna is way too young to have been on Green Acres, she’s only 60.
You don’t know what you are talking about, she was in Green Acres.
Chuck! Just when we thought it was safe to start publishing again…. 🙁
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I do not think HuffPo will be sold to any company, maybe go public to raise cash, the partners will be major shareholders. Your article is just mischief making, pretty similar to what HuffPo has done in the past. Well done.
You can’t the THE AH can you, if you are I love you, if this is just a prank, very funny.