Thursday, September 22, 2005

Time Warner Head Says AOL Is the Company's Future - New York Times

Time Warner Head Says AOL Is the Company's Future - New York Times: "Mr. Parsons said the company might increase investment in AOL and, at a minimum, would start reporting numbers for the AOL business that show the performance of its advertising-based business and its Internet access business. In the second quarter, ended June 30, AOL provided $2.1 billion of the company's $10.74 billion in revenue, and $550 million of $2.47 billion of earnings before interest, tax, depreciation and amortization. "

In other words, the acquisition price just went up for Microsoft or Google...
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