Zeitchik, Steven
August 2006
Daily Variety;8/3/2006, Vol. 292 Issue 22, p1
Trade Publication
The article reports on the organizational changes at America Online Inc., a subsidiary of Time Warner Inc., in the U.S. The parent company discloses its plan to open its AOL email and software operations, but still, the cable unit is its engine. Operating expenses at the division was to 16 percent to $ 1.03 billion. On the other hand, the studio business dropped by 10 percent to. 2.36 billion. AOL revamp involves expansion of new initiatives and scaling down of the old ones.


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