Full press release below:
San Francisco, CA March 31, 2011 – AOL Inc. [NYSE: AOL] today announced that it has agreed to acquire BadatSports.com, one of the nations leading Contemporary Fine Art & Culture commentary/interview programs based out of Chicago, IL. Bad at Sports is well known throught the world for its fresh take on the current Fine Art scene and will make a strong cornerstone to the growing AOL Culture Network while retaining their editorial independence and unique voice that has proven so successful over the years. Further bolstering AOL’s position as one of the world’s leading providers of high-quality & timely commentary and insight into everything from technology & politics to art & culture.
Founded by Duncan MacKenzie and Richard Holland, Bad at Sports which has operated on a minimal budget and office of dedicated staff has over 5 years grown into a site that reaches millions around the world and has archived over 300 hours of one on one interviews with some of the art worlds most notable up in coming art creators, curators, historians, educators, business insiders and collectors.
AOL’s Editor in Chief Arianna Huffington singled this out as one of the main reasons Bad at Sports was one of the first aqqusitions under her direction. “The work that Holland & MacKenzie and everyone at Bad at Sports has done over the years is close to amazing and shows a level of care and dedication that you need to succeed in the long term in both the publication business and Art/Culture world and made bringing them into the larger portfolio an obvious decision.” she said.
“Engagement with thought leaders, tread setters and those that create the culture of tomarrow is as important to AOL’s growth as is the engagement of our established audience and having spoken with Operations Manager Christopher Hudgens at length about the ideas he had for the role Bad at Sports in expanding the art & culture division of AOL under the supportive hand of our new Editor in Chief will only continue to show AOL’s commitment to quality and a greater conversation on the internet. I look forward to what they can produce with the full support and resources of AOL behind them.” said David Eun, President of AOL Media and Studios.
This acquisition will further AOL’s strategy to become the global leader in sourcing, creating, producing and delivering high-quality, trusted, original content to consumers. Bad at Sports will remain headquartered in Chicago,IL, as a wholly owned AOL unit. Deal terms were not disclosed.
This press release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding business strategies, market potential, future financial and operational performance and other matters. Such forward-looking statements include, but are not limited to, statements regarding the anticipated benefits of the transaction and other statements identified by words such as “may,” “will,” “intend,” “should,” “expect” or similar expressions. These statements are based on management’s current expectations and beliefs, and are subject to uncertainty and changes in circumstances, including, but not limited to, the satisfaction of the closing conditions to the transaction and the parties’ performance of their obligations under the agreements; changes in our plans, strategies and intentions; the competitiveness and quality of our products and services; our ability to retain, hire and develop key employees; and the intensity of competition. Any forward-looking information is not a guarantee of future performance and actual results may vary materially from those expressed or implied by the statements herein, due to changes in economic, business, competitive, technological, strategic and/or regulatory factors, as well as factors affecting AOL’s operations and businesses. More detailed information about these factors as they relate to AOL may be found in the section entitled “Risk Factors” in AOL’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission. AOL is under no obligation to, and expressly disclaims any obligation to, update or alter the forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise.
AOL Inc. (NYSE:AOL) is a leading global Web services company with an extensive suite of brands and offerings and a substantial worldwide audience. AOL’s business spans online content, products and services that the company offers to consumers, publishers and advertisers. AOL is focused on attracting and engaging consumers and providing valuable online advertising services on both AOL’s owned and operated properties and third-party websites. In addition, AOL operates one of the largest Internet subscription access services in the United States, which serves as a valuable distribution channel for AOL’s consumer offerings.
About Bad at Sports
Bad at Sports located at badatsports.com and based in Chicago, IL is one of the worlds leading contemporary fine artÂ commentary/60 minute art interview programs. Founded in 2005 as a podcast by co-hosts Duncan MacKenzie and Richard Holland, Bad at Sports has grown into a website that is read and listened to by people Â in every major metropolitan cityÂ aroundÂ the globe. With over 300 60 minute episodes with leading art world over a thousand posts Bad at Sports has and continues to document the Art world from within with a unique and valuable position of insight.
This week: Tom and Amnda talk to contemporary artist, and all around interesting person Polly Apfelbaum!
This week: Brian and Patricia are joined by Tess Thackara in a rollicking conversation with artist Jonn Herschend. They discuss amusement parks, rugby, the art world’s need for humor, THE THING Quarterly, and of course Jonn’s diverse studio practice.
Raised in a midwestern amusement park, Jonn Herschend is an interdisciplinary artist, filmmaker and experimental publisher preoccupied with how emotional confusion, absurdity and veracity play out in the realm of the everyday. His performances, video work, and installations have included works such as a self portrait as a PowerPoint proposal for an amusement park ride, an infomercial about ambiguity, and a motorized trolley tour of places where personal crisis became public.
His work has been exhibited nationally and internationally including the Stuttgarter Filmwinter Film festival, Germany; Koh-i-noor, Denmark; LKV Gallery, Norway; the Cleveland Museum of Contemporary Art; the Pacific Film Archive, Berkeley; Southern Exposure and The Yerba Buena Center for the Arts in San Francisco. He is the co-founder and co-editor, along with Will Rogan, of the experimental publication THE THING Quarterly, and is a recent recipient of a Danish Arts Council grant for his work as co-curator, along with Heidi Hove, of the Deadpan Exchange international exhibition series, He has been a visiting lecturer at the University of California Berkeley, San Francisco State University, California College of Art and Stanford University.
This week: Duncan talks to installation and performance artist Tania Bruguera.
Tania Bruguera (born 1968, Havana, Cuba) is a Cuban installation and performance artist, trained at the Instituto Superior de Arte in Havana and at the School of the Art Institute of Chicago. Bruguera’s work pivots around issues of power and control.
She lives and works between Chicago and Havana. She is the founder and director of Arte de Conducta (behavior art), the first performance studies program in Latin America, which is hosted by Instituto Superior de Arte in Havana. She is also an Assistant Professor at the Department of Visual Arts of The University of Chicago, United States and is an invited professor at the University IUAV in Venice, Italy.
A March 2009 performance by Tania Bruguera, at an arts centre in Havana, has been involved in controversy. During the performance Tania Bruguera put up a microphone and told people in attendance they could say whatever they wanted for one minute. Various of the attendees use the opportunity to ask for â€œfreedomâ€ and â€œdemocracyâ€. One of these was the awarded blogger Yoani Sanchez. The Cuban government denounced this in a statement saying that it considered â€œthis to be an anti-cultural event of shameful opportunism that offends Cuban artists and foreigners who came to offer their work and solidarity.”
Another controversial performance in September 2009 in the National University of Colombia (Bogota branch), included consumption of cocaine provided by the artist to the attendants. According to University officials, the artist asked for permission to carry a weapon and use cocaine but permission was denied.
This week: Richard and guest host Charles King speak with Hardy Fox, from the Cryptic Corporation who acts as the agent of The Residents. The Residents is an American art collective best known for avant-garde music and multimedia works. The first official release under the name of “The Residents” was in 1972, and the group has since released over sixty albums, numerous music videos and short films, three CD-ROM projects, ten DVDs.
They have undertaken seven major world tours and scored multiple films. Pioneers in exploring the potential of CD-ROM and similar technologies, The Residents have won several awards for their multimedia projects. Ralph Records, a record label focusing on avant garde music, was started by The Residents. Throughout the group’s existence, the individual members have ostensibly attempted to operate under anonymity, preferring instead to have attention focused on their art output.
Much outside speculation and rumor has focused on this aspect of the group. In public, the group appears silent and costumed, often wearing eyeball helmets, top hats and tuxedos – a long-lasting costume now recognized as their signature iconography. Their albums generally fall into two categories: deconstructions of Western popular music, or complex conceptual pieces, composed around a theme, theory or plot. They are noted for surrealistic lyrics and sound, and disregard for conventional music composition.