31–35 of 35 posts
"... suspicious foreign person Arianna Huffington". I know that he's not a big fan of Arianna's but that statement makes him sound like a Xenophobe.
Anyone else ever feel that watching AOL do anything is like watching your child make a bad choice, and knowing that you can't stop them? I'm getting to the point of just feeling sorry for them nowadays.
The face palms started with the AOL/Time Warner fiasco in 2000. I still remember sitting in my basement watching the NASDAQ hit 5000 and thinking this wasn't going to end well. The AOL/Time Warner merger a month later didn't help that feeling. Too bad I was a poor 19 year old college student who didn't understand how the financial world works at the time.
(note: I'm not sure of my history here, so please feel free to correct me if you know better)
I read the first few paragraphs and couldn't tell where this was going. Is there a tl;dr version?
TL;DR: It's a well written chronicle of the corporate communication that occurred during the restructuring of cinematical.com/moviefone.com under AOL after they were bought from Huffington. The author wrote freelance for cinematical. After the editor-in-chief at cinematical resigned (and two other editors there had resigned), the editor-in-chief of moviefone was apparently put in charge of corralling the freelancers.…
This is the kind of post that really should not be TL;DRed, because it's so much fun to read. The story is sad and even infuriating, and not very original either (since all corporate takeovers are done in the same cowardly manner by weasels); but the writing is wonderful. > The transition was going to be arduous and complicated. This was particularly true for the people who write AOL's press releases, who had to work…
Earlier quoted context omitted.
The face palms started with the AOL/Time Warner fiasco in 2000. I still remember sitting in my basement watching the NASDAQ hit 5000 and thinking this wasn't going to end well. The AOL/Time Warner merger a month later didn't help that feeling. Too bad I was a poor 19 year old college student who didn't understand how the financial world works at the time.
The merger was sheer brialliance on the part of AOL. Aware of how completely overvalued they were, they "merged" (aka bought) Time Warner for pennies on the dollar of real value. Then when the dot-com bubble burst, they didn't get completely hosed as their share price dropped to nothing, which is what happened to everyone else. (note: I'm not sure of my history here, so please feel free to correct me if you know bett…