The Huffington Post Snags Former CNN Exec for Biz Dev

logo_homepage_hp.gifOver on FishbowlNY.com, there’s a story about the Huffington Post‘s new senior vice president of business development, Derek J. Murphy. He previously worked at CNN Interactive Group developing strategic partnerships for the site.

Murphy becomes the latest hire by an Internet company trying to find a revenue stream. Last week, The Daily Beast tapped former Googler Brian Dick as its vice president of business development. We’ll keep an eye on further developments to see if either of these companies can make money or if they will continue to burn through cash until backers decide to pull the plug.

Related Stories
Mediabistro Course

Social Media 201

Social Media 201Starting October 13Social Media 201 picks up where Social Media 101 left off, to provide you with hands-on instruction for gaining likes, followers, retweets, favorites, pins, and engagement. Social media experts will teach you how to make social media marketing work for your bottom line and achieving your business goals. Register now!