TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Rumor: AOL is Selling Engadget and TechCrunch

According to PandoDaily — who cites two sources — AOL is putting its tech sites Engadget and TechCrunch up for sale. The sites would have to be purchased together, and the asking price is a ridiculous $70 to $100 million. For now there are no serious bidders, but Pando says there has been interest.

And because any story involving TechCrunch wouldn’t be complete without a quote from its founder, Michael Arrington, he told PandoDaily the following:

I don’t know anything. No one tells me anything. I am not in the least bit interested [in buying back TechCrunch]. I was Team Pando all the way until Sarah Lacy fired me. That does not change my position on TechCrunch.

Serious question: If Arrington didn’t have drama in his life, would he be able to function?

Mediabistro Course

Freelance Magazine Writing

Freelance Magazine WritingInstructor and journalist Jeryl Brunner has written for numerous publications including O, the Oprah Magazine, Travel + Leisure, VanityFair.com and more! Starting November 3, she'll teach you how to query specific publications, find resources for reporting, and create captivating stories that editors will want and readers will enjoy. Register now!