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AOL hard at work on Internet ‘content platform’

As it braces to be spun off and struggles with revenue, Time Warner’s AOL Internet unit is busy crafting a new strategy focused around content creation that represents a shift in its focus, AOL’s CEO Tim Armstrong said Thursday.

“We’re focused on growing a large platform around content and monetizing that content,” Armstrong said on stage at the Web 2.0 Summit in San Francisco.

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