AOL Launches Video Unit; 5min's Harnevo to Helm
AOL is reorganizing its growing roster of video assets into one group, AOL Video, which will be headed by Ran Harnevo, co-founder of 5min Media.
Under the new structure, Harnevo becomes svp of AOL Video. The entrepreneur has ascended to a key role at AOL quickly; the company acquired 5min, which syndicates video to properties large and small across the Web, in September.
Until 2009, AOL maintained a different division called AOL Video, which was focused on aggregation and search.
But going forward, AOL clearly sees video production and syndication playing a major role at the company.
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