‘We want to be the most important mobile media company in the world’ says AOL boss
The CEO of AOL has said he wants the global media company to become “the most important mobile media company”.
At AOL’s lavish Newfronts event in New York, Tim Armstrong talked up the company’s acquisition by US telco Verizon telling media: “The real master of the (media) universe is the thing that sits in your pocket which is your mobile device. The consumer is really in control.”
To that end the company is investing massively in emerging media spaces like virtual reality and live streaming.