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 re/code, AOL’s video revenue was only about $10 million or more in 2010 when Harnevo joined the company. By 2014, it added up to hundreds of millions. “The television market is going to go through a major disruption. That’s the gist of this deal. Video is going to encompass TV and it will be on all the screens,” Harnevo told WSJ. AOL, under CEO Tim Armstrong, has been working towards a convergence of TV and video, Harnevo said. “The tipping point will take less than 5 years. Verizon knows AOL has the biggest infrastructure needed after Google and Facebook. By buying AOL Verizon can enter the advertising market,” he added.]]>