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.
Tuesday January 11th, 2000 2:51 AM
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Yes, I have "a major problem with AOL". I have "a major problem" with Time-Warner too, but my personal contempt for these corporate divisions is not the issue.
Do you really think I care about Time Magazine? I can read it if I choose, although I choose not to. I suppose I have watched Time-Warner movies. Why would I not be able to do these things?
I do not care who wins the "war" between AOL and Microsoft. I hope the Netscape Web browser regains its dominance over Internet Explorer, but I have no good feelings about its owner.
If AOL allows other companies to use its cable lines for Internet services, I think that could be good. Maybe if this actually happens, somebody will "eat it". If AOL forces these companies to promote AOL in exchange for use of the cable lines then "it" will not be so tasty.