To The City Goes AOL

According to The Wall Street Journal (paid sub. req.), Time Warner Inc. said its AOL unit will move its corporate headquarters to New York City from Dulles, Va., and combine its various advertising business into a new subsidiary.
The new entity will also include AOL’s Advertising.com unit, which buys ad banners on thousands of Web sites for clients.
“New York City is the center of advertising, so it makes perfect sense to locate our corporate headquarters here,” said Randy Falco, AOL’s chairman and CEO.
AOL will continue to have significant operations in Dulles, Va., as well as offices in Mountain View, Calif., and other locations.

About David Burn

Co-founder and editor of AdPulp. I wrote my first ad for a political candidate when I was 17 years old. She won her race and I felt the seductive power of advertising for the first time. I worked for seven agencies in five states before launching my own practice in 2009. Today, I am head of brand strategy and creative at Bonehook in Portland, Oregon.