Wednesday, October 12, 2005

WSJ.com - Google, Comcast Mull Buying A Stake in AOL

WSJ.com - Google, Comcast Mull Buying A Stake in AOL: "Google Inc. and Comcast Corp. are in serious discussions with Time Warner Inc. about buying a minority stake in America Online, according to people familiar with the situation.
The negotiations focus on AOL's Web portal, rather than its dial-up Internet access business which is suffering a steady decline of subscribers. Google and Comcast are hoping a stake in AOL's portal will allow them to tap AOL content, such as AOL's highly successful Webcast of the Live8 conference this summer, to draw more consumers to their online services and related advertising."

The tectonic plates are shifting...

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