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AOL-Time Warner's Money Pit

Posted by ryuzaki0 on from the step-three-profit dept.

ElitusPrime writes: "There's an interesting analysis of the recently released balance sheet net worth of AOL Time Warner. The net worth of the largest media conglomerate on earth has now been slashed by more than one-third. The conclusion, not surprisingly, is that the merger never should have happened. But there's some interesting financial analysis to show exactly how bad the merger has been for Time Warner."

10 of 304 comments (clear)

  1. The reason is simple by flacco · · Score: 5, Funny

    AOL just didn't do enough advertising. Especially on its TW media outlets.

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    pr0n - keeping monitor glass spotless since 1981.
    1. Re:The reason is simple by EnderWiggnz · · Score: 3, Funny

      but then you would risk damaging valuable bytes !!!

      you beast, how dare you treat a trophy of programming prowess with such utter disrespect.

      you young man, should be ashamed of yourself.

      *huff* *pufff* *fffff*

      --
      ... hi bingo ...
  2. Nice office! by TheNecromancer · · Score: 3, Funny

    Did you know, for example, that AOL Time Warner, at latest tally, has nearly 13 million square feet of office space on its books?

    And that's just the CEO's office!

    --
    Attention all planets of the Solar Federation! We have assumed control! - Neil Peart
  3. But why? by apathyruiner · · Score: 3, Funny

    AOL charges $10+ more a month than most other ISPs how could they be losing money?

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  4. well duh... by edrugtrader · · Score: 2, Funny

    time warner employee's all had to switch to aol service, and that shit is expensive!

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    MARIJUANA, SHROOMS, X: ONLINE?! - E
    1. Re:well duh... by PsimanX1 · · Score: 2, Funny

      And then had to switch back when it all went horribly wrong...

      Wasn't that surprising?

  5. Jeez. by SlashChick · · Score: 4, Funny

    From the article:

    "You can get as much of a return by investing in a U.S. government bond these days as you can from throwing your money into the AOL Time Warner black hole."

    Uncle Sam should definitely co-opt this for advertising: "U.S. savings bonds: not as bad as investing in AOL."

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    Simpli - Your source for San Jose dedicated servers and colocation!
  6. Does that mean... by KingKire64 · · Score: 2, Funny

    Aol cant afford to send me those dopey cd/frisbees anymore!! Yippee

    --
    "All I can tell the "lesser of two evils" folks is that if they keep voting for evil, they'll keep getting evil."-Lp.org
  7. It's all those CD's by teslatug · · Score: 4, Funny

    They probably just wanted to send out a couple of samples, but due to programming deficiencies ended up in an infinite loop and now they can't stop sending people free CD's.

  8. Cost of CDs by Servo5678 · · Score: 2, Funny

    Finally, after all these years, the costs of sending out free AOL CDs has finally caught up with them!