AOL just coughed up $300 million in cash and bought out Arianna Huffington. Arianna will stay aboard to take control of all editorial content on AOL (not just the Huffington Post). She will become the public face of the company.
I think AOL just made a smart move. They've been moving toward the content side for a couple of years now, and this just solidified their position. The Huffington Post is one of the most visited sites out there. She must be doing something right.
