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Time Warner To Spin-Off AOL

     

engine

2:07 pm on May 28, 2009 (gmt 0)

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Time Warner To Spin-Off AOL [timewarner.com]
Time Warner Inc. today announced that its Board of Directors has authorized management to proceed with plans for the complete legal and structural separation of AOL from Time Warner. Following the proposed transaction, AOL would be an independent, publicly traded company.

CrimsonGirl

3:48 pm on May 28, 2009 (gmt 0)

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They recently spun off their cable operations. As a TWX shareholder, I support both of these moves.

Knowing webmasterworld, we'll see a bunch of people claiming AOL is worth "nothing" - literally - because they don't know anyone who uses it. The stock market will probably assign a value of over $2 billion.

Hugene

5:57 pm on May 28, 2009 (gmt 0)

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Was it 9 years ago? 8 years ago? The largest take-over/alliance ever? So funny to see how these management geniuses from Harvard and Wharton can be dead wrong.

Hold on... I am seeing that all the time now.

Baruch Menachem

5:57 pm on May 28, 2009 (gmt 0)

5+ Year Member



Time Warner got quite a hit from when they did the merger in the first place. AOL was a great idea in the pre browser days, but now it is as useful as Prodigy.

Right after the merger it was AOL Time Warner. After the tech bubble of the 90s went away, so did AOL.

So I think it will have the same chance of independent survival as quite a few other dinosaurs.

Which is a pity, because it really did push the edge there for a while. I liked them a lot back in the day.

weeks

8:59 pm on May 28, 2009 (gmt 0)

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Was it 9 years ago? 8 years ago? The largest take-over/alliance ever? So funny to see how these management geniuses from Harvard and Wharton can be dead wrong.

Hold on... I am seeing that all the time now.

And yet, people still ask you, "When are you going to get a real job?"

If Microsoft or Apple or IBM or GE or Kraft Foods or DowJones or United Airlines or CitiBank or Wells Fargo or (fill in the space here with even a local large firm) says so, everyone gives it so much weight. Where, as the case in AOL proved, these people have money to waste and they are the LAST people you should believe when they say, "This is the new new thing." They cannot be trusted.

Slinger

10:28 pm on May 28, 2009 (gmt 0)

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At least we all stopped getting FREE AOL CD SIGN UP CD's in the mail. Jeeezzz...I was so sick of them. Thats why they went under..they shipped 245,276,222,555,333,212,112,012 GaZillion free CD's in the mail. It was the postage that killed them. Bulk mail prices werent as cheap as they thought.

[edited by: Slinger at 10:29 pm (utc) on May 28, 2009]

g1smd

10:32 pm on May 28, 2009 (gmt 0)

WebmasterWorld Senior Member g1smd is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



I'm sure there were at least several hundred CDs made for every person who lives, or has ever lived, on the entire plant.

Leosghost

11:04 pm on May 28, 2009 (gmt 0)

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for anyone who has ever played oddworld or read or seen soylent green ..g1smd's typo ..brings a wry smile .

signor_john

11:18 pm on May 28, 2009 (gmt 0)



At least we all stopped getting FREE AOL CD SIGN UP CD's in the mail.

Hey, some of us are old enough to remember when AOL was sending out floppies in the mail. :-)

g1smd

11:37 pm on May 28, 2009 (gmt 0)

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Erk! Plant-->Planet. Typo not spotted by spellchecker or by eyeballs until too late to edit.

Israel

6:11 am on May 29, 2009 (gmt 0)

5+ Year Member



Hey, some of us are old enough to remember when AOL was sending out floppies in the mail. :-)

At least they had some use -- you could write to them :-)

Funny, I bought a 10 pack of 3 1/2" diskettes in an electronics store today. Asked the kid where the "diskette aisle" was and he had no clue what a diskette was. Had to go and get his older manager.

Israel

signor_john

8:07 pm on May 29, 2009 (gmt 0)



I bought a 10 pack of 3 1/2" diskettes in an electronics store today. Asked the kid where the "diskette aisle" was and he had no clue what a diskette was. Had to go and get his older manager.

That's funny. I remember buying one of the early IBM PCs, taking it in for an upgrade a year later, and having the kid in the service department look at the back of the computer and say "Oh, wow--a cassette port!" My $3,000+ investment was already looking obsolete.

dibbern2

11:05 pm on May 30, 2009 (gmt 0)

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I once bought the hottest IBM PC --it had a state-of-the-art 16 color display!-- for about $10K.

A lightening bolt hitting a tree next door fried it completly.

RE: AOL Perhaps they'll be snapped up by Lycos, HotBot, or Alta Vista.

Leosghost

11:11 pm on May 30, 2009 (gmt 0)

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RE: AOL Perhaps they'll be snapped up by Lycos, HotBot, or Alta Vista.

nah ..It'll be copernic that gets them .

signor_john

12:51 am on Jun 2, 2009 (gmt 0)



Why not General Electric, which has deep pockets? GE could reintroduce AOL as GEnie: The Sequel.

physics

1:47 am on Jun 2, 2009 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I think AOL's best bet is to just position itself as a news/portal hub type site for baby boomers. I don't see any reason why they can't make a money just on advertising with that model.

piatkow

2:02 pm on Jun 4, 2009 (gmt 0)

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At least we all stopped getting FREE AOL CD SIGN UP CD's in the mail.

I thought they were free coasters! They look nice and shiny under the wine glasses at Christmas.