Time Warner CEO: Sale of AOL's ISP Division Likely
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Time Warner is "looking hard" at selling off the internet access portion of its AOL division over the next 12-18 months, Time Warner CEO Richard Parsons said on Tuesday.
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Time Warner Inc. said Thursday it agreed to sell AOL France's Internet access business to Neuf Cegetel, a French telecommunications network operator, for about $365 million in cash.
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Time Warner Inc. , the world's  largest media company, plans to offer services that let  consumers download movies from the Internet that can be burned  onto DVDs in 2007, its top executive said on Tuesday.
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Time Warner Inc.&#039;s  AOL unit is  considering offering its services, except for Internet access,  free of charge to anyone with a high-speed connection, a source  familiar with the plans said on Thursday.
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InfoWorld - Time Warner plans to split up the Internet access and audience businesses of its AOL segment to run them each independently, Time Warner CEO and President Jeff Bewkes revealed Wednesday.
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Time Warner Inc.  estimates its  AOL division would lose almost &#36;1 billion in operating profit  through 2009 under a plan to offer the unit&#039;s services free to  some customers, The Wall Street Journal said on Tuesday.
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Time Warner's new Chief Executive Officer announced the outline for AOL's restructuring, which may include divesting from the AOL access business and Time Warner cable unit, and even New Line Cinema.
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AOL is still a big moneymaker but its subscription service is declining and no longer seems to fit with Time WarnerÂs plan for more growth.
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Time Warner Inc.  said on  Tuesday it would soon disclose its business strategy for  Internet unit AOL, dismissing a Wall Street Journal report that  it will lose up to &#36;1 billion through 2009 as it offers more  free services.
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By MATT MOORE  FRANKFURT, Germany - Time Warner Inc. is giving up its foothold in one of the fastest-growing markets for broadband Internet access with a deal to sell AOL Germany's Internet access business to Telecom Italia SpA for about $870 million.
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Time Warner Inc.'s  cable division said on Tuesday it has become a public company and expects its shares to be listed on the New York Stock Exchange and start trading as early as March 1.
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America Online, the internet division of Time Warner, will be charged with criminal securities fraud but is likely to avoid prosecution under a settlement
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Jeff Bewkes, the new chief of Time Warner, said he planned to separate AOLâs online access and advertising businesses and possibly spin off the rest of the companyâs cable division.
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Time Warner Inc  is working on splitting AOL's audience and access businesses and running the two as independent entities, Chief Executive Jeffrey Bewkes said on Wednesday.
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Time Warner is close to settling a Securities and Exchange Commission investigation into accounting at America Online, a person close to the negotiations said yesterday.
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Time Warner&#39;s (TWX:NYSE - news - research) America Online division reportedly plans to cut 700 jobs next month in a concession to declining subscription rates at its flagship Internet unit.
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Time Warner Inc. TWX.N and Comcast  Corp. CMCSA.OQ said on Monday they had agreed to a pact  giving Comcast an option to cut its interest in Time Warner  Cable Inc. in exchange for stock in a Time Warner subsidiary  that will hold cable systems and cash.