TechCrunch Standoff: Arrington Issues Demands to AOL

Things just got EXTRA exciting in the drama that is unfolding between TechCrunch, its parent company AOL and Michael Arrington, the co-editor of the site and the new manager of a multi-million-dollar startup investment thingie. (AOL said that Arrington would no longer be the editor since his new role; he clearly disagrees!) So just now Arrington says they can either be free to do whatever they want WHATSOEVER, and not report to the Huffington Post — or AOL can sell the site back to its original owners. Crazy thing is? He’s taking the absolutely correct hard line. AOL said TechCrunch would be independent; that is now not true. Good for him!