AOL Chief Says Millennials Replacing TV with Snapchat

CNBC: Snapchat is giving users a “fundamentally better experience” than television and young people are replacing old viewing habits with the ephemeral messaging app, according to AOL CEO Tim Armstrong. “If you think about, watching the game experience on Snapchat, or any of the event experience on Snapchat … basically it’s a fundamentally better experience than television overall.”