Time Warner Plans to Split Off AOLâs Dial-Up Service
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Seeking to cut costs and streamline operations, Time Warner will separate AOLâs Internet access business from its Web site and online advertising business and cut 100 jobs at its corporate unit.
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Perhaps the optical network supplier should call off its merger with AFC.
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Ted Leonsis, the AOL senior executive who helped steer his company's transition into a provider of free services supported by advertising, will step down from active management while continuing in an advisory capacity.
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Time Warner Inc.&#039;s AOL LLC online unit is considering giving away more of its services, including e-mail, to customers who already have a high-speed Internet connection, a person familiar with the discussions said Thursday.
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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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Time Warner's struggling Internet unit AOL said it was likely to lay off about 5,000 employees, or a quarter of its global workforce, in the next six months.
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Time Warner will run the Internet access and audience businesses of its AOL segment independently, the company said today.
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Telecom Italia SpA has taken time off from a reorganization that has plunged the country's politics into turmoil by paying 675m euros ($870m) cash for Time Warner's AOL Germany internet access business in a deal that will make it Germany's second largest ISP.
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AOL, the world's largest internet services provider, is to split into four separate divisions to cut red tape and boost profits.
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In a move both risky and essential, AOL is abandoning its strategy of exclusivity and will free much of its music, sports and other programming to non-subscribers in hopes of boosting ad sales.
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UnitedGlobalCom, Europe's largest cable TV provider, said on Tuesday it would start offering telephony services to its broadband Internet customers, which would dramatically cut phone bills.
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By ANICK JESDANUN  NEW YORK - Ted Leonsis, the AOL senior executive who helped steer his company's transition into a provider of free services supported by advertising, will step down from active management while continuing in an advisory capacity.
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EarthLink Inc  said on Tuesday it will cut about 900 jobs, or nearly half its staff, as part of a restructuring to reduce costs at the Internet service provider.
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UPDATED America Online has begun to notify customers in nine Southern states that it will cease its broadband Internet service on January 17, 2005. The change affects members who have been receiving a bundle of DSL connectivity and AOL. Current customers must find a new broadband carrier by the cutoff date, or they will automatically become standard AOL dial-up members.
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France Telecom's  Orange  unit has pulled out of the bidding for the UK Internet  connection business of Time Warner Inc.'s  AOL, an  industry source close to the matter said on Thursday.
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AOL said Monday it would move its headquarters to New York and integrate its advertising businesses into a single unit as part of its transformation from Internet access provider into an ad-driven business.
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As part of an ongoing effort to distance itself from the ISP business both domestically and in Europe, AOL parent Time Warner said Monday it is selling AOL Germany to Telecom Italia for about $870 million in cash.