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Published December 10, 2009 at 1:27 PM
"We have one of the largest ad businesses on the Internet today, " Tim
Armstrong, CEO of AOL Inc. (NYSE:AOL), told The Deal Thursday. We spoke
with Armstrong on the floor of the NYSE Euronext moments after he rang
the opening bell to celebrate the company's first day of public trading
independent of Time Warner Inc. (NYSE:TWX).
In
the video, Armstrong discusses AOL's quest to deliver the "world's best
content" (a new tag line for the company used internally but not
usually shared with the public, he said. He also talks about the fierce
competition he faces for online advertising dollars against big guns,
including Google Inc. (NASDAQ:GOOG), Microsoft Corp. (NASDAQ:MSFT) and
Yahoo! Inc. (NASDAQ:YHOO), and scrappy startups, such as Twitter Inc.,
Yelp Inc. and Foursquare Labs Inc. For more on the challenges AOL
faces, see AOL flies free; Can content keep it aloft? on Dealscape's sister blog, Corporate Dealmaker. Watch the video above or download it on iTunes. - Mary Kathleen Flynn
Leezie Kim is rejoining the Phoenix office of Quarles & Brady LLP as a partner. She will continue her corporate transactions practice. For other updates launch today's Movers & shakers slideshow.
Dechert's Henry Nassau at the 18th annual Wharton Private Equity and Venture Capital Conference tells The Deal Pipeline how to shine in the middle market. More video
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