What Will Verizon Do With AOL’s Media Properties?

Charlie Warzel and William Alden, reporting for BuzzFeed:

Currently, Verizon has no plans to spin off several of the high-profile media properties within its Brand Group, including TechCrunch, Engadget, MapQuest, Moviefone, CrunchBase, and Alpha. Multiple sources inside the Brand Group unit tell BuzzFeed News they’ve also been assured that no layoffs are planned for any of those properties.

And yet it’s still unclear what the acquisition means for AOL’s Huffington Post Media Group. Earlier this morning, Recode reported that AOL has been in talks — most seriously with German media conglomerate Axel Springer — to spin off the Huffington Post as its own entity. Sources BuzzFeed News spoke to within AOL were unaware of such talks.

Tuesday, 12 May 2015