Time Warner Unplugs AOL

Aug 6, 2008  •  Post A Comment

Time Warner is spinning off its AOL Internet access unit to focus purely on content, Online Media Daily reports. AOL’s overall revenues decreased by 16% to $1.1 billion as a result of declining subscription revenues, the Web site says. Time Warner has already split off its broadband and cable TV distribution service, Time Warner Cable, the Web site notes.
—Vlada Gelman

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