Friday, August 05, 2005

Good Morning Silicon Valley: AOL subscribers: RUN AWAY!!!!!!

Good Morning Silicon Valley: AOL subscribers: RUN AWAY!!!!!!: "The departure of AOL subscribers these days isn't so much an exodus as an outright stampede. AOL lost 2.6 million U.S. subscribers in the past year -- almost a million of them in its second quarter alone. A tough break for AOL, which, much as it would like to think otherwise, hasn't yet managed to effectively recast itself as an online advertising seller."

Not a great PR week for AOL, with subscriber losses and Time Warner $3B settlement strategy (reserve to cover shareholder lawsuits over its AOL merger).
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