"There's a wide variety of things that we can do," said AOL Chairman and CEO Jonathan Miller of the Weblogs Inc. acquisition. "User-generated content, it's a big playing field. It's publishing, it's micropublishing, it's blogs…Our vision in that regard is how do we make all these things relate to each other and coexist."
Miller added that he hoped the weblog business would expand in the future, and said that AOL will increasingly create homes for user-generated content.
"The weblogs acquisition is part of that as well," Miller said. "We can take it to print, we can take it to video." He added later: "This is just part of the puzzle."
The AOL and Verisign acquisitions represent a vindication of the blogging format for some observers, who see user-generated content as the news consumption medium of the future.
[Publish]
The two companies were acquired for modest sums of money, indicating 1) that there may not be all much money to be made in blog related companies and 2) further consolidation in the space.
3 comments:
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