Bio: Joe Pompeo is a senior reporter at Capital, where he covers media. He was previously a reporter at Yahoo News, Business Insider and The New York Observer.
Harlequin buy expands footprint beyond English-language publishing, hedges dependence on ad revenue.
He had been serving as interim C.E.O. since his predecessor, Lex Fenwick, was ousted in January.
The company attributed the decline to lower advertising revenues in its newspapers.
It calls for the creation of new teams focused on audience development, analytics and strategy.
Charting a vast new territory, a site's mission comes under scrutiny.
The AOL operating unit that includes content sites like The Huffington Post, TechCrunch and Moviefone saw its revenues dip 6 percent in the first quarter of 2014.
The nearly 20-year-old business title was named Magazine of the Year
USA Today soared to the top spot during the previous reporting period in the fall when it began including digital editions in its auditing total.
Four employees were laid off at the Advance newspaper last Friday.