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Time Warner spins off AOL

Has to pack its bags
Thursday, 28 May 2009, 19:03

TIME-WARNER is divorcing AOL and chucking it out into the cold and the snow.

Before the separation can take place, Time Warner will buy the five per cent of AOL owned by Google so that it will have 100 per cent control.

Google is likely to want that because it has no interest in AOL these days.

In a press release Time Warner CEO Jeff Bewkes said a separation will be the best outcome for both Time Warner and AOL.  

It will be another critical step in the reshaping of Time Warner that was started at the beginning of last year, enabling both outfits to focus to an even greater degree on their core content businesses.  This is management speak for we don't want it and we don't know why we ever bought it.

The separation will also provide both companies with greater operational and strategic flexibility which we guess means that both will have more cash. µ

 

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Comments
Who bought who?

Remember that aol bought time warner rather than the other way around, so the last sentence came out funny :-)

posted by : Mr, 28 May 2009 Complain about this comment
Long time Ago, In Land Far away....

CopyRight & Distribution are serious business. At same time PC Inventiveness Was Home basement on Brittany road,Edina,Mn- Warner was across Street, Marnie Was HOT Property. Marnie Listened to this Persons Gab & went for One Property that was Nearby Myself from Mitchel Air Base, Time-Life. Why Warners took offer to work With TIME,Warners didn't Even Know. Warner IS German Comapny. Time russian thru Life Magazine & believe Me, Then Anything Hollywood was Russian or scambling.

AOL From Northern Virginia is British. another of My Ideas On Opening UP WAN/LAN While winding down tight control data, First was ability to Deliver, That My friend Symour Cray Did, when Leaving control Data & Starting research HQ in Wisconsin.

Frank Von Drashek Was In room Listening thru Telco, Frank Was IBM PowerHouse. So Odd consortium Was made, Simply Out of naivee & Quick answered ideas, As draft was More Likely end this than any incorporation of quality events For Others. Ballmer,Hard Hitter to Follow Gates, from Our Families, John charles femnot & samuelsons shared Nicolet island Land,in Mpls,Started Up With Test Unit WEBtv, wayback in mid '60s, Totaslly Ts then, yet NOt that restrictive, As Many Telcos Needed to be incorporated in Start up plans & Dates For public availability much latter.
while Living Past draft Left myself Mess thanks to Its Royalness Gerald ford.
Since its been open boat adrift, in plan.

AOL: British base, QEII has housing nearby AOL Reston/Herndon. Brought Dial Up, Waste & Impossible Demands by Thompson in FCC Guise.Stupidness guided AOL.
Warner Wants to Deliever speed for good reason, while AOL Wants to Delievery High cost Shod.

Now This Machine Has AOL 9.1 on 7 RC 64, its good thing, browser bit less intresting than MSN. Its AOL Dislike To Fall In with DSL Providers, thats SAD. Yet AOL Management IS Captive by Childish fools.

Time IS NON Enity Now, While warner Continues To March UpWard, thru Fios In High Priced Suburbs.
It was Game of:Once anticapated results Work Out & can be examined, Obvious Becomes nessesity, Each IS Too Differnt IN Personality To Really Be Strong, Once Telco Line Sleuthe WAS Opened UP. Its Opened NOW.

Warner IS Quality management & Extremely secret. It Takes Less than Most persons Would Imagine to Collect, Manage & Control Digital Entertainment. disney Seems bigger & Is, yet Warner Is Better comapny.

AOL Still Has Potential, yet that potential Will NEVER Be realized. When Mitchel Air Base fell, TIME-Life Fell & if warner didn't Hold Time, It's Be gone, Permanently, Already, Similar to LIFE now.
AOL IS drag on anyone tRYING tO mAKE mONEY aT dIGITAL COMMUNICATION.Most will Never realize quality of Warner, too Exclusive, yet worth effort to try.
Leaving Gates/Drashek Consortium appealing to public Government TS Open to AnyOne,AnyTime You UnderStand IT, research. While Jobs found snorkle to Expand warner Philosophy to ALL In Straightforward quality.
Intel From Packard or?, Ummm Denise Packard, yam-yum, in Prior Lake, bringing Wide Scale Developement of Hardware, in all fields electronic. By now Names Spin About in Purpose from then, In Complexity of Keeping ALL systems interconnectable, compatible & IBM, Well, Its anyOnes Guess, Blinds Are strong.
Ultee' Home diary specialist.

posted by : vondrashek, 28 May 2009 Complain about this comment
TimeWarner had cable?

Had to wikisearch it, but sure enough, TimeWarner owned lot of cable companies. Man, the potential they could have had with leveraging AOL omniscience in the late 90s to facilitate the popular things of today (Facebook, Youtube, etc) had they not dropped the ball on it.

posted by : MarkusR, 28 May 2009 Complain about this comment
Success

It was the best conversion of bogus internet money into real money perpetrated thus far. I was shocked Time Warner was sucker enough to let them pull it off.

AOL omniscience consisted of knowing that their stock value was hyper inflated and that media firms can make a good marks.

posted by : Tweeker, 29 May 2009 Complain about this comment
Time Warner Internet Metering Dropped....OPEN Slewth.....

Time Warner Wanted to PUT Meter on its internet Cable, with docsis 3, yet after debate ended, Time warner continues to provide ALL customers Full Bandwidth, NO Caps,Today. here:

http://www.dslreports.com/shownews/Time-Warner-Cable-Acknowledges-Debacle-102670

Not sure if its ALL You Need or ALL you Purchased, it works that way. yet Competing Business in Media Field Use Time Warner AS High Speed Provider, Riding competitors Rails.

Minneapolis Has WarnerTime & Most Kids LOVE WarnerTime. After ALL, Delivering Your Copyright IS Point. Even If Some NutCake Making Money At IT.

theDOG IN theHOUSE, theDOG IN theHOUSE....Warner/Drashek. BTW, After mentioned Marine' Forgot Laurie. Founder of LuaraMar Productions & Laurie IS Marnies' Younger Sister. Finding Out Boy & Girl Make three, we Seldom Spoke, Except of LuaraMar Productions. Wouldn't doubt IF Thats Where Larrabee might Have Sliped in with Artemus El GoofBallio, Expanding Rapidilty into Control Data & Entire scene, iBM,Et AL. Now That Times Open Free World IS Becoming Bit of Obvious investment Nothing, Yet thats story & Unlikely Much Will Ever come of It.Perhaps,Though. Larrabee Cigarettes was suppose to Back Entire thing, Yet within year or so of Start Up, Dr. Terry MD announced that somking tobacco IS NO Good.Neither IS Larrabee Project.
Strange How Long Each Piece takes To conceptulize, fit in timeframe & work, Maybe Larrabee Got cut with cigarettes Demise, suppose tobacco product Long Gone too. Yet It Was UNSUPERVISED FREE Money Situation, for Larrabee. Theres town of Larrabee & journalist for tobacco named larrabee, yet: Thats It Folks....

posted by : vondrashek, 30 May 2009 Complain about this comment
@Drashek

Oh, for F*&k's sake, shut up!
Go and read some other site and stop commenting on here.
You are a f%&king idiot...
Here's something to try and figure out you plumhead: STFU!

Did you get that?

I hope so... now FO!

posted by : Dave The Rave, 31 May 2009 Complain about this comment
AOL - Die already!

Now if AOL would just go off and find a rock to crawl under and die teh Innernets will be a better place.

posted by : cybersaur, 01 June 2009 Complain about this comment
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