AOL and Time Warner to Merge
Monday January 10th, 2000
CNNfn is reporting that AOL and Time Warner have made public their plans to merge, with AOL shareholders getting 55% of the merged company, called AOL Time Warner.
Time Warner's boss will remain chief executive, and Steve Case of AOL will become the company's chairman.
As AOL rolls out their set-top and other technological initiatives this year, they can only benefit from being in the same corner as Time Warner, whose well known brands (HBO, Time Magazine, CNN, Turner Broadcasting Co.) could be brought into the fray for promotion and cross-marketing purposes. And since non-PC Internet devices will require not only cheap software, but scalable solutions (as Nokia and Intel have found), don't be surprised if you see Mozilla's name appearing in more and more press releases this year.
Thanks to onyo for the news.
by beg <firstname.lastname@example.org>
Monday January 10th, 2000 10:27 PM
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God damn, you have a major problem with AOL. AOL isn't that stupid online serivce anymore. Matter of fact, AOL is a media company which 98% of it's revenues come from the TW devision. I guess you wouldn't be able to read any Time Magizines either or TW movies, huh?
AOL has moved on. This war between Microsoft and AOL is dumb, because AOL could careless about Bill Gates. Steve Case and Leivy have other plans, which have nothing to do with Microsoft.
Oh, by the way, rumor has it that AOL TimeWarner WILL allow other ISPs to offer internet access over TW's pipes. Everyone was saying how AOL wouldn't open up if they were AT&T. Well, eat it!
I can't stand AT&T and their CEO Mr. Armstrong