AOL’s Armstrong Tells CNBC He Is More Interested In Nichebusters Than Blockbusters (Full Transcript)
On the eve of AOL’s official reemergence as an independently-traded company (although in reality its shares are already trading), CEO Tim Armstrong gives CNBC’s Julia Boorstin a lengthy interview on his message to investors and where he hopes to take AOL. He is fully aware that cost-cutting is only going to take AOL so far and he that investors are concerned whether the “newer business [is] gonna be able to overtake the declining business.” But he thinks it is just a matter of execution and promises to show investors the “metrics,” “changes,” and “great products and services” which will drive…









