02/09/2011 08:24 am ET Updated May 25, 2011

Arianna Huffington & Tim Armstrong: AOL Will Not Be Partisan Site

In an exclusive video interview with TheWrap 36 hours after the media world was shaken by the news that AOL would acquire The Huffington Post for $315 million, Huffington said "absolutely no" to the question of whether AOL content would have a leftist political bent. (See video I, interview continues in second video.)

"Of course not," she said. "AOL is not a political site. AOL has Politics Daily, a section which covers politics, but it's not a political site. I was always clear that HuffPo would not just be a political site. I always wanted it to be an Internet newspaper, covering every aspect of life. "