AOL Acquires 5min Media

AOL has acquired 5min Media, a company which syndicates short-form instructional videos across the Web. Terms of the deal were not disclosed.

5min Media produces general interest content that often proves popular on search engines—it’s current roster of clips include videos titled “How to sort dirty laundry” and “How to check your car’s oil level.” The content is similar to the videos produced by Demand Media’s fast growing eHow.

AOL’s deal for 5min would seem to thrust the company further into the emerging low-cost, search-driven content space populated by Demand and Yahoo’s Associated Content. Already AOL manages its own freelancer-centric content division, and earlier this year the company purchased StudioNow, a Web video creation and distribution platform.

“With 5min Media we’ll be able to add more video inventory to our pages,” said AOL CEO Tim Armstrong. “Importantly, we’ll also be able to identify video content holes among our sites, tap our StudioNow capabilities to fill those needs and create a truly ‘demand informed’ video library.”

Meanwhile, AOL may be on the verge of making an even bigger splash in the content arena. According to the industry blog GigaOm, AOL is in serious talks to acquire the hugely popular technology publication TechCrunch.