AOL's Tim Armstrong Talks Ads, Patch, and HuffPost Live

As Web evolves, CEO says audiences will gather around trusted brands

Hot off some news about its advertising platform, Project Devil, AOL's CEO Tim Armstrong kicked off Advertising Week at OMMA Global's conference. Trying to cover a lot of ground in only a few minutes, Armstrong addressed the company's sometimes controversial views on content creation, Patch's profitability, and his "equation" for HuffPost Live. Here are some of the highlights:

Armstrong believes a flood of content won't hurt trusted publishers. He bookended his panel discussion dismissing claims that the flood of content on the Internet is a threat to major online publishers—he said the average user is unlikely to explore the wide variety of content at hand and will pick quality over variety.

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