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Time Warner Confirms Split With AOL

ausekilis writes "Many outlets are reporting that Time Warner has confirmed plans to spin off AOL. All that's left to deal with are a few financial hurdles, such as buying out Google's 5% stake in AOL. The interesting part of the story is that both AOL's CEO and Time Warner's CEO said effectively the same thing, that AOL will be better off as an independent unit, as opposed to 'a cog in the Time Warner wheel.' Interesting to note that when they originally merged, the idea was for AOL to be a one-stop shop for all your internet goods. Makes you wonder what would have happened if Time Warner had invested in AOL as an exclusive media outlet for movies, TV, music, etc. Perhaps AOL would have regained some speed and become the prominent household name it once was, instead of being that company who sent us all the free coasters."

15 of 94 comments (clear)

  1. AOL==coasters by John+Hasler · · Score: 4, Funny

    > Perhaps AOL would have regained some speed and become the prominent household name it
    > once was, instead of being that company who sent us all the free coasters.

    Was it ever anything else? (I didn't actually get very many, though.)

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    Warning: this article may contain humor, sarcasm, parody, and perhaps even irony. Read at your own risk.
    1. Re:AOL==coasters by Anonymous Coward · · Score: 4, Funny

      They were my primary supplier of floppy disks for years. I was bummed when they switched to CDs.

    2. Re:AOL==coasters by Anonymous Coward · · Score: 1, Funny

      ditto on the floppies..

      near me, there is a "This section of highway kept clean by..." sign sponsored by AOL. Guess where those CDs went!

  2. 0% Complete by Sduic · · Score: 4, Funny

    ...AOL as an exclusive media outlet for movies...

    Over dial-up, I think it would have been cheaper to GO to Hollywood (plus it might be finished downloading when you return)!

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    *this space intentionally left blank
    "One of the four pointers saying 'come and see', and I saw, and beheld a white
  3. Filing for an IPO is a lot of work... by religious+freak · · Score: 2, Funny

    ... and so is a bankruptcy filling. To save effort and energy, they might as well do both at the same time.

    (Disclosure: I saw this post on a different blog, and I'm blatantly stealing it.. ah, now my conscience feels better)

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    If you can read this... 01110101 01110010 00100000 01100001 00100000 01100111 01100101 01100101 01101011
  4. Re:About... by tcopeland · · Score: 3, Funny

    > They can't compete; cut the dead weight.

    Surely you jest! Think of the jobs! It's bailout time.

  5. Re:Why does Google have a stake in AOL? by 0100010001010011 · · Score: 2, Funny

    Keep your friends close and your enemies closer.

  6. Re:Web verticalization by RDW · · Score: 4, Funny

    'Do we really need those all-inclusive portals anymore?'

    Need them?! Surely the real danger is that they will become far too powerful! As a writer for one well-known technology blog put it a little while ago:

    'The juxtaposition of the two announcements was almost Biblical in its symbolism and significance...AOL and Time-Warner wouldn't just be creating another media company, but an information nation. This company would be much larger in cultural influence and economic power than most countries on the earth.'

    http://features.slashdot.org/article.pl?sid=00/01/10/1418231

    Oh, wait...

  7. Coasters? by XanC · · Score: 5, Funny

    In my day they sent out floppy disks. You know, the kind that could be erased and something useful put on them. It was great!

    1. Re:Coasters? by noidentity · · Score: 2, Funny

      In my day they sent out floppy disks. You know, the kind that could be erased and something useful put on them. It was great!

      Are you saying that AOL coaster CDs couldn't have useful things put on top of them?

  8. Re:Ted Turner: The merger was "better than sex". by Anonymous Coward · · Score: 5, Funny

    Ted Turner called the merger "better than sex".

    Well, what do you expect from a guy who was married to Jane Fonda?

  9. Re:Chat Giant by Anonymous Coward · · Score: 1, Funny

    Today we have 4chan. Thank God for that!

  10. Re:AOL was WHAT? by eln · · Score: 2, Funny

    AOL was responsible for Eternal September...so whatever the opposite of street cred is, that's what they've got.

  11. Re:The other way around: AOL purchased Time-Warner by vtcodger · · Score: 2, Funny

    ***It was AOL who bought Time-Warner:***

    Yep, that's the way I remember it. Thanks for posting that. I was beginning to think that I had somehow found my way into a parallel universe.

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    You can't see ANYTHING from a car, You've got to get out of the goddamned contraption and walk...Edward Abbey
  12. Re:The move to social networking. by MrCrassic · · Score: 2, Funny

    Thanks for spotting those; I muck up's me grammer sometime. :)