Tim Armstrong's message to AOL staff

Today is a very proud day for all of us here at AOL - as you may have read in the press, we announced this morning that Verizon is acquiring AOL.

Tim Armstrong: 'we have returned AOL to growth'
Tim Armstrong: 'we have returned AOL to growth'

Over the last 5 years, we have returned AOL to growth and outperformed the market (+150% since spin) by investing in the future of content, video and programmatic platforms.

We now have the opportunity to turn our efforts and assets to a broader market with an exponentially larger opportunity through the combination of Verizon and AOL, which will create the company best positioned for the next generation of mobile and video.

The new entity will combine world-class media and world-class technology across every device.

We believe this move will game change our ability to out-perform against your expectations as consumers continue to disrupt legacy consumption and viewership habits. Right out of the gate, here’s what we will soon be able to bring to you:

  • Massive global scale in addressable cross-screen audience (over 1.5B PCs, TVs and mobile devices touching 70% of U.S. Internet traffic)
  • Deeper premium and custom content solutions, including live events
  • Accelerated investment in our ONE by AOL programmatic platform
  • Increased transparency within a people vs. cookie-based marketing environment 

It is an exciting continuation of our Culture and Code journey – now with greater scale, more resources and assets. On behalf of everyone at AOL and Verizon, we are thrilled to partner with you every step of the way.

Thanks as always for your continued partnership and support. 


Tim Armstrong

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