I was surprised to learn at a conference in October that America Online still exists(!), and this (media) is the route that they took. Apparently they own the Huffington Post and Engadget now.
AOL was acquired by Verizon, so in a sense they still exist, but in another sense not. They did own/operate HuffPo, Engadget, and other properties for some time prior to the Verizon acquisition.