"By now, every investor recognizes that Time Warner made a very large mistake by merging with AOL in early 2001."
"By now, every investor recognizes that Time Warner made a very large mistake by merging with AOL in early 2001." A free-falling stock price, continued loss of customers to cable and telephone DSL and "a murky strategy for moving its customers to high-speed connections" has AOL Time Warner on the ropes. At least one analyst is suggesting a spinoff. Bigger is better? Not in this case.
AOL Time Warner Was A Mistake. The stock price is in the toilet (relatively speaking), and analysts are proclaiming the Biggest Merger Ever to be a thundering dud. Are huge mergers like this unsustainable?
AOL Time Warner's Marketing Wizardry : "With its Hollywood studio, Warner Bros., AOL leveraged its promotional and advertising might across its empire of Internet, cable TV, movie, music and magazine outlets to ensure that kids, parents, teens and everyone else knew that "Harry Potter and the Sorcerer's Stone" was debuting in theaters Nov. 16. In the days leading up to the film's release, tracking studies showed an extraordinary 100% awareness among moviegoers that "Harry Potter" was coming."
Speaking of Tokyo Rose: AOL/Time Warner, with assistance from the Bush administration, signed a "landmark deal" with China. AOL/TW gets to broadcast a Chinese-language station in the area of China that already gets Western programming (although illegally), and in exchange AOL/TW agrees to broadcast a Chinese state sponsored English language channel in Los Angeles, New York and Houston. "We are very pleased to have achieved this landmark agreement, which represents a significant step in the growing relationship between AOL Time Warner and the people of China," said CEO Gerald Levin in a statement. Why does this make my skin crawl?
Just call us Peoples' Telephone & Telegraph. [NYTimes, reg req] A federal appeals court claims that by restricting AT&T and AOLTW from expanding their cable service areas, First Amendment rights have been violated. Thus: these two companies will continue to be the only games in town.
Have you been getting those annoying ICQ ad banners like me? Well, it appears that AOL/TimeWarner has been testing out ads in the ICQ IM interface. The backlash has begun. Here's a site that'll tell you how to get rid of some of the banners. My friend's also gone ahead and taken the liberty to hack the ICQ dll that causes the ads to appear and has full instructions on how to remove the ads permanently from your ICQ. Hurry and grab those dll's before he gets slashdotted!
Salon is running a great article about the AOL/TimeWarner merger that brings up plenty of issues we should all be concerned about. I can't remember the last time a company merger affected so many. This deal touches everyone, from what my grandparents watch on TV at night to what I'll be allowed to see on my RoadRunner cable modem. Just thinking of how they're going to control TV, movies, music, news, and the internet sends chills up and down my spine.