Ran Harnevo, the man widely considered to be the force behind AOL's massive video growth, announced on Tuesday that he is leaving the company to go back to what he loves: "being an entrepreneur, inventing shit."
YouTube, broken out from Google’s overall business, is potentially worth more than Twitter with a valuation up to $40 billion, according to an analysis released today by Jefferies.
Ran Harnevo, president of AOL Video, is scheduled to speak at South by Southwest Interactive Tuesday morning on digital content evolution and emerging technologies.
AOL’s booming video ads business helped the company overcome some of the drag from its ongoing Patch issues in the third quarter. Overall, the company announced today a 14 percent year-over-year jump in ad revenue to $386 million in the third quarter.
A decade after broadband killed dial-up Internet, AOL is reinventing itself as a media company, according to The Economist.