AOL records 5 per cent revenue growth with advertising lift as Tim Armstrong reveals global ambitions
AOL saw its revenue grow 5 per cent to $710.3m for the final quarter of 2014 as advertising revenue grew by 8 per cent to $562.2m due to an increase in digital sales.
The New-York based media conglomerate, which publishes the Huffington Post, revealed its AOL Platforms division grow by a fifth in the three months to December as a result of revenue driven byprogrammatic advertising from third parties and AOL Properties, as well as an increase through platform and service fees.
Brand group revenue decreased by 1 per cent to $219.1m, dented by the disposal of shuttered brands such as Read full story ›
Source: The Drum




