AOL buys TechCrunch

AOL buys TechCrunch

Last time AOL bought a blog network (Weblogs Inc, owner of Engadget) was like 5 years ago. Today, they bought another one — the TechCrunch Network.

Announced today at TC Disrupt (a conference organized by TC itself), the acquisition cost was not revealed but estimates point to between $25 million to $40 million.

This makes AOL the owner of the biggest blog network to date with Engadget and TechCrunch on its helm. Smaller sites under the TC network, MobileCrunch & CrunchGear, might not survive the acquisition if we base it on what happened to similar blogs in the Weblogs Inc. sale years ago.

Founded by Michael Arrington, TechCrunch operates a global network of dedicated properties from Europe to Japan, as well as vertically-oriented websites, including MobileCrunch, CrunchGear, TechCrunchIT, GreenTech, TechCrunchTV and CrunchBase. The TechMeme Leaderboard ranks TechCrunch as the No. 1 source of breaking tech news online, followed by AOL’s Engadget.*

TechCrunch makes about $6.5 to $10 million a year from advertising and events/conferences.

Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

https://www.yugatech.com

14 Comments

Orville Tadle says:

15 years ago

Congrats AOL on buying TC in an effort to restore AOL relevance that dried up 10 yrs ago!
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Jhay says:

15 years ago

It’s been a long while since big blog networks have exchanged hands. For now, all eyes are on TC as changes are sure to go down the line.
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Marky says:

15 years ago

Oh, AOL, the website for old geezers.

@Jhay

What are you talking about? Do you even know Switched.com?
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Ree says:

15 years ago

TC is full of crap writers anyway. They will soon meet a natural death of obscurity.
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Lance Quejada says:

15 years ago

now, if only some major media companies here in the phils buy yugatech.
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Velasquez Vergel D. says:

15 years ago

Ikaw sir yuga kelan mo bebenta to? hehehehe. Sir suggestion lng. gwa ka kya ng Tv show. YugatechTV…..
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Zhurutang says:

15 years ago

@vergel,

Please don’t post senselessness into this blog. Thanks.
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Velasquez Vergel D. says:

15 years ago

@Zhurutang ikaw lng nmn yung senseless…bkit may sense ka ba? kupal ka..
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Velasquez Vergel D. says:

15 years ago

http://www.blogger.com/profile/002299*****951089796

dito mo ba ina aksaya senseless mong buhay kung gawa mo nga ito…hay nako kakahiya…
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Rolex says:

15 years ago

@vergel,

bibbo ka tlga, na troll ka, hahaha!
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