The Huffington Post generates "hundreds of millions" of dollars in annual revenue, AOL CEO Tim Armstrong said on Wednesday at the Business Insider Ignition conference.
BI editor-in-chief Henry Blodget floated the figure of $200 million, which Armstrong did not dispute. That number would be impressive since AOL bought the news website in 2011 for $350 million. AOL declined to further elaborate on the site's revenue.
Read More