Friday, October 23, 2009

Pingie: HTTP:: AOL Cranks Up Content Creation as It Readies for Spinoff

HTTP:: AOL Cranks Up Content Creation as It Readies for Spinoff
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AOL is going through some pretty big changes and with the impending spinoff from Time Warner trying times are ahead of the Internet company. Speaking at the Web 2.0 Summit in San Francisco, AOL CEO Tim Armstrong talked about some future plans and the company's greater emphasis on content. Armstrong wants the content creation part of the business to grow several times in the future and says that revenue isn't the biggest concern at the moment. Armstrong also revealed that the company was working on a pretty big project, which should have a great impact on its media platform but the CEO was coy about giving out any other details. “We have been working on something for the last three months that I think is a fairly substantial shift in our technology," he said. "When that's ready to announce, maybe we'll come back and talk to you about it." When pressed for details Armstrong refused to be more specific but implied that it had something to do with AOL's technology platform!
it uses to power all of its media outlets. “It's a broader platform with more information around content and the creation of content," he said. "We see that platform evolving to a much higher scale." He also underlined the strides AOL had been making in content creation. The company went from 500 journa...
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http://news.softpedia.com/news/AOL-Cranks-Up-Content-Creation-as-It-Readies-for-Spinoff-125152.shtml
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