Time Warner to decide on AOL’s future by end 2007
For AOL it is either a spin off or merger with another company. According to Reuters, Time Warner will decide the fate of the online company by the end of this year.
“By the end of this year, we can make the call on AOL (on whether) we have found a business model or approach that can result in sustainable growth over time,” Parsons said in the Webcast presentation. “We’re in the right area.”
“It all comes down to the ability to transform AOL into a destination for the 12- to 35-year-old generation relative to surviving on their former dial-up or access subscriber base. If they can, they should keep it,” said Pali Capital analyst Richard Greenfield.
Related posts:
- Technorati CEO imparts the future of the company
- Internet ad revenues reaches $21 billion in 2007
- Forrester: No future for paid video downloads
- Vivendi Games Mobile’s Surviving High School franchise amasses 7.5 million downloads
- PeoplePC launches ‘25 cents a day’ Internet access
[...] Source:901am For AOL it is either a spin off or merger with another company. According to Reuters, Time Warner will decide the fate of the online company by the end of this year. “By the end of this year, we can make the call on AOL (on whether) we have found a business model or approach […] Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages. [...]
By Time Warner to decide on AOL?s future by end 2007 »Technology News | Venture Capital, Startups, Silicon Valley, Web 2.0 Tech on June 10, 2007 8:30 am