TITLE

Time Warner aims to split AOL units

PUB. DATE
February 2008
SOURCE
Red Herring;2/6/2008, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article announces the plans of Time Warner to split America Online Inc.'s (AOL) audience and access businesses and running the two as independent entities. According to Time Warner Chief Executive Jeffrey Bewkes, the company's 84 percent ownership stake in Time Warner Cable Inc. is less than optimal for both companies. AOL's access business is its dial-up Internet service, while audience is its portal and advertising business.
ACCESSION #
36876081

 

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