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11.20.06

Calacanis Quits AOL, Cites CEO's Removal

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MarketingVOX: Blogger/entrepreneur Jason Calacanis, who ran AOL's Netscape division for the past year, resigned on Thursday - his departure hastened by the replacement of AOL chief executive Jonathan Miller with Randy Falco, president of the NBC Universal Television Group, reports the New York Times.

On his blog, Calacanis.com, Calacanis calls Miller "one of the few mentors I've had in my life." And regarding Miller's replacement said, "I'm not inclined to start over with a new guy."

For the past year Calacanis has helped Miller move AOL move from the internet access business to a free, advertising-supported service on the web. AOL executives say early signs show that the move is a hit with consumers.

Calacanis sold his company, Weblogs Inc., a network of blogs, to AOL last year and continued to run it from offices in Santa Monica, Calif. This year he took over Netscape.com, transforming it from a web portal into a digg-like site that lets users vote and comment on news articles.

News of Calacanis's resignation was first reported by TechCrunch.

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