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	<title>AllThingsD &#187; bureau chief</title>
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		  <title>All Things Digital</title>
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		<title>AOL-HuffPo Deal Officially Closes Today&#8211;More Big Media Hires Signal New Content Direction Under Arianna</title>
		<link>http://allthingsd.com/20110307/aol-deal-closes-today-as-more-high-profile-huffington-post-journalism-hires-signal-new-direction/</link>
		<comments>http://allthingsd.com/20110307/aol-deal-closes-today-as-more-high-profile-huffington-post-journalism-hires-signal-new-direction/#comments</comments>
		<pubDate>Mon, 07 Mar 2011 12:01:55 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=41315</guid>
		<description><![CDATA[AOL will officially close its $315 million acquisition of the Huffington Post today, sources said, only one month after it was struck.

To celebrate, the now-official content head Arianna Huffington will be poaching another clutch of big journalists to add to AOL's new Huffington Post Media Group unit.]]></description>
			<content:encoded><![CDATA[<p>AOL will officially close its $315 million acquisition of the Huffington Post today, according to several sources close to the situation.</p>
<p>The culmination of the deal&#8211;which has already been approved by regulators&#8211;is set to be announced by the New York-based company this morning, <a href="http://kara.allthingsd.com/20110206/youve-got-arianna-aol-buys-huffington-post-for-315-million-in-cash/">only one month after it was struck</a>.</p>
<p><a href="http://kara.allthingsd.com/files/2011/03/548588142_pWrtT-M-1.jpeg"><img src="http://kara.allthingsd.com/files/2011/03/548588142_pWrtT-M-1-199x300.jpg" alt="" title="548588142_pWrtT-M-1" width="199" height="300" class="alignright size-medium wp-image-41320" /></a></p>
<p>And&#8211;in a clear sign of the shift in its focus toward a more editorially driven direction under the now-official content head Arianna Huffington (pictured here)&#8211;sources said the closing will be accompanied by the announcement of the hiring of a half-dozen journalists to AOL&#8217;s new Huffington Post Media Group unit.</p>
<p>Among the new reporters are some more high-profile grabs from other media giants, including The Daily&#8217;s Jon Ward. He has been the Washington bureau chief for New Corp.&#8217;s high-profile online newspaper, which only recently launched.</p>
<p>Also set to join AOL is Yahoo&#8217;s senior media writer Michael Calderone.</p>
<p>Interestingly, along with more experienced editorial staff, sources said the announcement will also include new hires via the Huffington Post&#8217;s Jefferson Program for Young Journalists.</p>
<p>Sources said the new hires are only the beginning of a series of them, as the impact of the leadership of Huffington becomes clearer.</p>
<p>Along with the news and opinion site, the well-known media personality is now in charge of all of AOL&#8217;s varied content properties, including its locally aimed Patch.</p>
<p>Huffington, with obviously strong support from AOL CEO Tim Armstrong, has been talking a lot in a plethora of interviews since the deal was announced a few weeks ago about the importance of creating a new media organization focused on original reporting.</p>
<p>In a way, AOL is now competing with big news sites such as those on Yahoo, as well as smaller niche content and also mainstream entities.</p>
<p>Even before the deal was struck with AOL, the Huffington Post had been heading down that path of pulling in mainstream journalists. Last year, it hired former New York Times economics writer Peter Goodman and former Newsweek columnist Howard Fineman, among others.</p>
<p>The formula? Adding the strong journalism reputation of these reporters to the eclectic mix of socializing, blogging, celebritizing and aggressive aggregating that the site has used to garner huge amounts of traffic in recent years.</p>
<p>As I had previously written, the AOL Way&#8211;the same for a strategy document about content on the site&#8211;is now the <a href="http://kara.allthingsd.com/20110225/with-david-eun-ousting-the-aol-way-makes-way-for-the-arianna-way">Arianna Way</a>.</p>
<p>Here are Huffington and Armstrong talking about such issues in in an <a href="http://kara.allthingsd.com/20110206/aols-tim-armstrong-and-huffpos-arianna-huffington-talk-about-deal-touchdown-from-super-bowl">exclusive video interview</a> BoomTown did with them just before they announced the deal on Super Bowl Sunday about a month ago:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=0F20E91C-7469-4619-8826-7721DC5CCC02&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={0F20E91C-7469-4619-8826-7721DC5CCC02}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<title>One Time Inc. Casualty: Digital Boss Ned Desmond</title>
		<link>http://allthingsd.com/20081030/one-time-inc-casualty-digital-boss-ned-desmond/</link>
		<comments>http://allthingsd.com/20081030/one-time-inc-casualty-digital-boss-ned-desmond/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 20:51:16 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=359</guid>
		<description><![CDATA[Time Inc. still hasn't figured out exactly how many people the magazine publisher will fire this fall -- the 600 number reported earlier this week, we're told, is a guesstimate. In the meantime there are plenty of high-level org chart changes, like the departure of Ned Desmond, a longtime Time Inc. vet who was most recent title was President of Time Inc. Interactive. Click through to read Time Inc. boss Ann Moore's goodbye memo.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2008/10/desmond1.jpg"><img class="alignright size-full wp-image-362" title="desmond1" src="http://mediamemo.allthingsd.com/files/2008/10/desmond1.jpg" alt="" width="100" height="100" /></a>Time Warner&#8217;s (TWX) Time Inc. still hasn&#8217;t figured out exactly how many people the magazine publisher will fire this fall&#8211;<a href="http://kara.allthingsd.com/20081028/the-entire-time-inc-layoff-memo-from-ann-moore/">the 600 number the New York Times reported earlier this week</a>, we&#8217;re told, is a guesstimate. But as Ann Moore and co. sort that out, they are moving ahead with plenty of high-level org chart changes, which are being laid in a series of text-heavy memos.</p>
<p>One of note for MediaMemo readers: The departure of Ned Desmond, a longtime Time Inc. vet who was most recent title was President of Time Inc. Interactive. Ned&#8217;s bio is <a href="http://www.linkedin.com/in/neddesmond">here</a>; nice-to-know-you memo from Ann Moore follows:</p>
<p><em><span style="font-size: x-small; font-family: Arial;"><span style="font-size: 9pt; font-family: Arial;">To:        Time Inc. Employees </span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: x-small; font-family: Arial;"><span style="font-size: 9pt; font-family: Arial;">From :   Ann Moore and John Squires </span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: x-small; font-family: Arial;"><span style="font-size: 9pt; font-family: Arial;">Re:       Staff Announcement </span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: x-small; font-family: Arial;"><span style="font-size: 9pt; font-family: Arial;">As a consequence of the organizational changes outlined yesterday, our longtime Time Inc. colleague, Ned Desmond, President of Time Inc. Interactive, is leaving the company.</span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: x-small; font-family: Arial;"><span style="font-size: 9pt; font-family: Arial;">Ned is leaving after 22 years with Time Inc. and<span style="color: navy;"><span style="color: navy;"> </span></span>having had one of the more distinctive careers we’ve seen. He distinguished himself as a correspondent for TIME in Asia for nearly a decade, serving as TIME bureau chief in both New Delhi and Tokyo, and then left to dabble in technology in Silicon Valley. He then returned to Time Inc. as a senior correspondent at <em><span style="font-style: italic;">FORTUNE</span></em> under John Huey, and was later charged to start eCompany Now magazine and website, eventually to be named Business 2.0. After three years of hard labor in the midst of the tech blow out, John convinced him to leave his beloved northern California to run Time Inc. Interactive.</span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: x-small; font-family: Arial;"><span style="font-size: 9pt; font-family: Arial;">That was six years ago, and it’s bracing to recall how much ground Ned, his excellent TII team, and the company as a whole have covered in that short time. We went from being a digital backwater, or “black hole” as one Time Inc. notable once called it, to joining the highest ranks of digital media with great properties like People.com, CNNMoney.com and SI.com, to name a few. Time Inc.&#8217;s digital leadership under Ned has been extraordinary. Our websites now receive more than 26 million unique visitors each month and we are one of the top 20 largest online media properties in monthly unique visitors, page views and time spent per user.</span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: x-small; font-family: Arial;"><span style="font-size: 9pt; font-family: Arial;">Ned played a leading role in creating the vision for our digital future while at the same time literally building that future by hiring many of our key digital leaders, developing more compelling consumer experiences on our sites, championing the use of metrics and audience development, raising our technology smarts, and wiring our businesses into the digital powerhouses at AOL, Yahoo, Google and elsewhere. In a way, Ned and his TII team succeeded so well at it that, well, there’s not much revolutionizing left to do. The time has arrived to move all the digital responsibility to the new teams in our new Business Units, where, to no surprise, many of the key leaders are folks Ned brought into the company.</span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: x-small; font-family: Arial;"><span style="font-size: 9pt; font-family: Arial;">We’re sorry to see Ned leave but he’ll always be remembered for his vast contributions in making Time Inc. a leading digital player. </span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: x-small; font-family: Arial;"><span style="font-size: 9pt; font-family: Arial;">Please join us in thanking Ned for his many contributions to Time Inc. and wishing him the very best. </span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: small; font-family: Times New Roman;"><span style="font-size: 9pt;"> </span></span></p>
<p><span style="font-size: x-small; font-family: Arial;"><span style="font-size: 9pt; font-family: Arial;">A.M.                 J.S. </span></span></em></p>
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