Verizon has been quietly scrambling to unload HuffPost as it grapples with continued losses at the left-leaning news and culture website, The Post has learned.
The telecom giant — which acquired the site formerly known as the Huffington Post as part of its $4.4 billion purchase of AOL in 2015 — has approached multiple digital-media companies during the past few months in a bid to get the property off its books as losses accelerate
Got to hand it to Ariana Huffington. Build a left wing news organ with unpaid volunteers as reporters and writers, then sell that organ for a huge profit. Capitalist Piggie level - Boss Supreme.
The telecom giant — which acquired the site formerly known as the Huffington Post as part of its $4.4 billion purchase of AOL in 2015 — has approached multiple digital-media companies during the past few months in a bid to get the property off its books as losses accelerate
https://nypost.com/2020/09/28/verizon-scrambling-to-unload-huffpost-as-losses-mount/