AOL Waits for a Huffington Post Payoff

CEO Tim Armstrong bet big on Arianna Huffington’s distinctive brand. Why isn’t it paying off?
“We never said this was going to be an easy ride and that everything went smoothly” Photograph by Brendan Smialowski/Bloomberg

Two years after their merger, seated side by side in a corner conference room at AOL’s Manhattan headquarters on March 20, Chief Executive Officer Tim Armstrong and Huffington Post founder Arianna Huffington say they couldn’t be happier. “Our relationship is the strongest it’s ever been,” Armstrong says, adding that he’d happily sign a new contract to keep Huffington past February 2015. She’ll re-up, she says, provided he stops throwing things at her. (She’s joking.)

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