AOL: "Silicon Valley is a pig pile .. ...

2:28 PM "Silicon Valley is a pig pile ..  Everyone is putting out the same services, the devices have become more commoditized and the platforms are the same," declares AOL CEO Tim Armstrong, pitching his company as a content "arms dealer" to the Valley. Armstrong plans to achieve this in part by aggressively investing in AOL's video network (#2 in the U.S.) - he sees HuffPost Live acting as a next-gen cable channel. Nonetheless, AOL's display ad sales for its own sites were flat Y/Y in Q4, with domestic sales falling 3%. Read comments

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AOL price at time of publication: $37.23. Check AOL price now »

Focus Articles on AOL

• AOL's Stock Looks Too Richly Valued Despite Improved Outlook by Trefis
• AOL's Outlook Improves On Ad Growth But Lofty Valuation A Concern by Trefis
• AOL Still Not Out Of The Woods by Dana Blankenhorn

Press Releases on AOL

• MapQuest Introduces Free Travel Blogs as It Continues Expansion into Full-Service Travel Platform (Business Wire)
• AOL Appoints Susan Lyne as CEO of Its Brand Group (Business Wire)
• Autoblog Canada and Unhaggle Partner to Deliver Market-Leading Car Shopping Tools (Business Wire)

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StockTalk on AOL: AOL StockTalk | Twitter AOL | Twitter $AOL | AOL Instablogs

Recent Market Alerts on AOL: All currents | Earnings | Dividends | M&A | On the move

Transcripts on AOL

• AOL's CEO Presents at Deutsche Bank's DbAccess 21st Annual Media and Telecom Conference (Transcript)
• AOL's CEO Discusses Q4 2012 Results - Earnings Call Transcript
• AOL Management Discusses Q3 2012 Results - Earnings Call Transcript

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