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.
#28 Re: Re: Battle Lines Being Drawn
Tuesday January 11th, 2000 9:45 AM
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I doubt AOL's millions of existing customers will suddenly disappear when Windows 2000 is released. AOL will not die if their software is not installed on Windows 2000 computers. Also, if users upgrade to Windows 2000 and their Internet software suddenly stops working, I think that might be more harmful to Microsoft than AOL.
I also do not think Microsoft will break any records with the sales of whatever "Millenium" is. I think people have learned their lesson from the Windows 98 "second edition".
I also believe, if necessary, AOL could find a way around being classified as a driver, if that is a problem.
Finally, Time-Warner survived without AOL, and I doubt it will die if AOL becomes unpopular. I would be happy if it did die, but that is probably just another of my fantasies which will not become reality anytime soon.