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The online media company can thank its takeover of Adap.tv and video ads for an acceleration in revenue, but it barely eked out a profit because of cutbacks at local news site Patch.
The start-up on Monday is launching a service that analyzes the content of video clips and displays ads in real-time.
Merger could boost the wireless operator's video offerings, according to Bloomberg.
Google wants very much to be known as more than just a search company, and over the next year many of its biggest moves will be in other areas.
Global ad sales rise to $473.4 million, contributing to a 12 percent increase in AOL's total revenue for the quarter.
AOL tapped Dermot McCormack to take the steering wheel of its revving video engine. His outlook: The company becomes the Internet's ad-based TV behemoth.
The tech giant snaps up another advertising-focused company -- this one helps brands and agencies figure out which ads most likely lead to customer purchases.
The foundation is AOL's network of video partnerships with the likes of ESPN and Vogue and its focus on becoming a video-ad powerhouse.
Following Netflix, AOL plans its own long-form original series, an adaption of an Israeli cable hit that will be set in New York. It's a new leg of AOL's race to be a video-ad powerhouse.