AOL Shutters 30 Brands After Huffington Post Merger [REPORT]
The news comes as little surprise after the struggling tech giant laid off about 900 employees earlier this month, shortly following its $315 million acquisition of The Huffington Post. The staff of some publications were wiped completely.
Many of AOL’s existing sites will be rolled into existing Huffington Post verticals, such as Politics Daily (to be folded into HuffPost Politics), Walletpop (now a part of Daily Finance), Urlesque (folded into HuffPost Comedy), PopEater (folded into HuffPo Entertainment), Luxist (folded into StyleList), ShelterPop (also folded into StyleList) and TV Squad (folded into AOL TV), according to Forbes and All Things D.
AOL blogs Lemondrop and Asylum have already ceased publication.
We have reached out to AOL for confirmation of these changes and will update this post with any further information.