AOL’s Armstrong Says Scale ‘Imperative’ in Global Media

Recode: In a new interview, AOL head Tim Armstrong said that “scale is imperative” in a world dominated by Facebook and Google. “I think this is true across global media, that scale is as imperative now as it’s ever been,” he said, noting that seven billion people are connected over mobile. To get to a big chunk of them is why Verizon will pay $4.83 billion for Yahoo.