When one thinks of the major players in online video, YouTube, Netflix, Hulu, Vimeo, perhaps even Amazon first to mind — not AOL.
Tim Armstrong, CEO of AOL (pictured, right), and Susan Lyne, the former ABC Entertainment president who was appointed CEO of AOL's Brand Group in late February (pictured, left), are out to change that — lured no doubt by lucrative forecasts for online video advertising
AOL is a small but growing entity in the video space, bringing in around $100 million in video revenue last year, according to Armstrong. (YouTube, by comparison, is estimated to have generated $4 billion that year.) Read more...
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