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Posts Tagged ‘Tim Armstrong’

Questionable Comments Put AOL CEO Back on Defensive

AOL CEO Tim Armstrong

AOL CEO Tim Armstrong

It seems that AOL CEO Tim Armstrong just can’t keep his foot out of his mouth–even when the company has good news to report.

The good news should have been that AOL’s fourth quarter earnings showed the company’s best growth in a decade, thanks in part to recent efforts to cut costs and streamline operations.

But, instead, that good news was overshadowed by yet another in a string of missteps by Armstrong, who seems to need a remedial course in PR. Read more

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Uncertain Future for AOL’s Patch

hyperlocal picBy now, most media pundits and journalism wonks have all but concluded their somewhat premature postmortems on what exactly went wrong at Patch, AOL’s network of local news and information sites.

Although the company’s problems had been mounting for several years, the combination of major layoffs and a recent story in the New York Times that led many to believe Patch was “winding down,” served to put the already embattled company squarely in the media’s cross-hairs. Read more

AOL’s CEO on Patch, Native Advertising and Why Journalism Won’t Die

This morning, media pros gathered at the Bryant Park Grill for the inaugural “Media Minds” breakfast, featuring Tim Armstrong, chairman and CEO of AOL, and Susan Lyne, the newly installed CEO of AOL’s brand group. Alex Jones, director of the Shorenstein Center on the Press, Politics & Public Policy at Harvard, moderated the event, which covered everything from women in leadership roles to the Time Inc. spinoff. While the panelists shared many insights, Armstrong’s comments on the future of content were heartening.

While the rise of digital has been blamed for the “death” of journalism, people are still voracious content consumers.  ”Technology changes a lot, but human behavior doesn’t change as much,” said Armstrong. “One of the things that’s most important to [humans] is trusting information.” He cited Google eye-tracking studies that show that, when people search, they immediately look at the URL after seeing a result to asses where the information came from. “Human beings want fast information from trusted sources… trusted brands of information, and I believe trusted brands of information come from powerful sources of people.” That means you, editors and journos. Read more

Five Things AOL’s Patch Is Doing Right

Patch has gotten somewhat of a bad reputation in journalism circles — remember when USC journalism professor Robert Hernandez asked Tim Armstrong if Patch is “evil” at 2010′s Online News Association conference?  For those of you who have been living under a rock, Patch is AOL’s local news initiative that now has more than 500 sites in 20 different states.  Some newspapers feel threatened by a big tech company, some say it’s a waste of money, some say Patch is exploitive of its staff– but maybe it’s just too early to tell whether Patch is really going to make a big impact in hyperlocal news.

Despite the criticisms, I’ve lately noticed a few things that Patch is doing right to serve its communities. So whether you disagree with Patch or not, there’s a a thing or two you can learn from them about transparency and openness. Read more