Dec
01
Huffington Post More Valuable Than Some Newspaper Cos.
Posted in: UncategorizedAs long-rumored, The Huffington Post took $25 million in new funding at a $100 million valuation. It's a healthy sum given the company has aggregated a huge audience — 8.8 million people a month, according to Quantcast — primarily on links to content it does not produce (newspaper stories) or pay for (columns). The funding means Arianna Huffington's news blog is now considered more valuable by its backers than quite a few publicly traded newspaper companies.
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