Drudge Report

You've Got Arianna: AOL Buys Huffington Post for $315 Million in Cash and Stock, Appoints Huffington Editor in Chief

Kara Swisher in News on February 6, 2011 at 9:01 pm PT

In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web’s most prominent news and opinion sites. As part of the deal, Huffington Post co-founder Arianna Huffington–who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications exec Kenneth Lerer–will become editor in chief of a new unit that has purview over all of AOL content properties. The deal was signed just this afternoon.

EXCLUSIVE: On the Internet, No One Knows Your Story Is Make-Believe

Peter Kafka in Media on March 4, 2010 at 12:46 pm PT

Or more accurately, no one really cares if your story is make-believe. How Radar Online’s fable about the Supreme Court became “news.”

Is That a Real New York Times App or a Fake? Apple Doesn’t Want to Know.

Peter Kafka in Media on January 14, 2010 at 3:30 am PT

Has the New York Times finally started charging people to read its news online? Not yet. But people who aren’t the New York Times are using the paper’s name and charging iPhone users to read the paper’s stuff–with Apple’s blessing. What gives?

Voices

Drudge Driving More YouTube Hits Than WhiteHouse.gov

Andrew LaVallee, Reporter, The Wall Street Journal in News on August 4, 2009 at 4:12 pm PT

Add online video to the places where the battle over health care is playing out. The White House posted an online response to a video that’s been viewed hundreds of thousands of times since it was linked from the Drudge Report. The Drudge Report linked to a YouTube video posted by Naked Emperor News. Titled “Shock Uncovered: Obama in His Own Words Saying His Health Care Plan Will Eliminate Private Insurance,” it includes clips of comments President Barack Obama has made, such as “I happen to be a proponent of a single-payer universal health-care plan.”

The New York Times Explains Why It Prints Old News

Peter Kafka in Media on June 11, 2009 at 4:36 am PT

You’ll be hearing about this most of the day, so best to take five minutes and watch it now: “The Daily Show” visits the New York Times.

Huffington Post Nabs $25 Million in Funding–Here's a BoomTown Interview With Oak Investment's Fred Harman

Kara Swisher in News on December 1, 2008 at 3:53 am PT

The Huffington Post, co-founded by Arianna Huffington, will announce this morning that it has raised $25 million, in a single investment from Oak Investment Partners. The large round, which was led by Palo Alto, Calif.-based venture capitalist Fred Harman, will give the popular online news and blogging site a valuation of “just south of $100 million,” a source said. The new funding, the Huffington Post’s third, will be used for expansion of its offerings and the hiring of editorial and business talent. “I think the post-election perception of the Huffington Post has changed in the eyes of advertisers to being a key mainstream news site,” said Harman in an interview with BoomTown last night.

Huffington Post Raising More Money for Post-Election Run?

Peter Kafka in Media on November 21, 2008 at 1:44 pm PT

The Huffington Post, the liberal response to Matt Drudge, has had an amazing ride in the last 12 months. Has it capped it off by raising another $15 million? Depends on who you ask. Also unknown–how the site will fare when there’s no George W. Bush to kick around.