Topic: Tim Armstrong
A few weeks ago it looked as though AOL was winning its proxy fight whereas Yahoo’s efforts were floundering. While Yahoo seems to have lost its battle with activist investor…
In explaining AOL’s disappointing display ad results in Q1, a surprising frank CEO Tim Armstrong offered several explanations. During Wednesday’s earnings call, Armstrong said, “we have had a display strategy…
AOL announced its first-quarter earnings this morning, and the numbers were a mixed bag. Overall revenue was up, but U.S. display advertising was down 1 percent—not good news in an…
AOL chairman and CEO Tim Armstrong said he predicted business to rebound in the year after first-quarter revenue fell 4 percent year over year to $529.4 million on declines in U.S.…
An embattled CEO like Yahoo’s Scott Thompson or AOL’s Tim Armstrong isn’t likely to welcome a proxy fight. But maybe they should. B. Riley analyst Sameet Sinha said proxy fights—when…
AOL closed a turbulent 2011 with earnings plunging as its costs rose and subscription revenue fell. AOL’s fourth-quarter revenue fell by 3 percent from the previous year to $576.8 million. Year-over-year…
What do you get when you combine two once-hot Internet superpowers? If AOL CEO Tim Armstrong gets his way, we could find out soon enough. Reuters is reporting that Armstrong…
AOL has retained two of the biggest names in mergers and acquisitions, law firm Wachtell, Lipton, Rosen & Katz and investment banking company Allen & Company LLC. A team from…
AOL chief Tim Armstrong says that he wants to build his company into one of the world’s leading media concerns. The road there is proving a little bumpy. In their Q2…
Looks like it's shake-up time again at AOL. In a memo to AOLers today, CEO Tim Armstrong announced a batch of management changes. The latest major casualty of AOL’s continuing comeback?…
