What Would Henry Luce Do? Looking Forward at Time Warner
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Though Jeffrey L. Bewkes will take over as Time Warnerâs chief executive at the beginning of January, it remains unclear how the company will look after he takes control.
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Time Warner Inc.  plans to  launch a test of its overhauled news portal on Tuesday, drawing  influences from the uncluttered design of popular Internet  blogs.
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TiVo exec to step down in time of fast ups and hard downs. Also: Google unveils mini search engine for small companies to scour intranet and web & hellip;.  Sony's Creation Box might be the photoshop of video & hellip;. and more.
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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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The big theme that's developing this year is high-definition connectivity. How will everything fit together in such a way that it's both convenient to the consumer and perpetually profitable for the various companies involved?
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The acquisition by Microsoft and Time Warner of a company with a significant portfolio of patents covering digital rights management technologies generates scrutiny by European antitrust regulators. The main focus of the investigation: Microsoft. By Wendy M. Grossman.
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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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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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Wall Street is down on AOL Time Warner -- and worried about its moguls. Yet deeper in the ranks, a cadre of executives is working hard to bring the troubled colossus to life.
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Time Warner Inc. (TWX.N: Quote, Profile, Research) said on Monday its America Online Internet unit, once seen as the company&#39;s red-headed stepchild, could contribute some of the company&#39;s most explosive revenue growth.
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Job listing spotlights vague plan to develop global fiber backbone. But why?
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NEW YORK - The chief operating officer of Time Warner Inc. said Tuesday that the company was seeing good early results from opening up several key services on AOL for free last month.
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Time Warner Inc.  said on Thursday it will make a decision on AOL's future by the end of the year, addressing rampant speculation the online unit could be spun off or merged with another company.
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(InfoWorld) - Reactions to Time Warner Inc.'s decision to sack AOL LLC's chief executive officer (CEO) range from lukewarm endorsement to strident disapproval, as the industry tries to make sense of a move many observers find perplexing. Jonathan Miller, who guided AOL through a complicated transformation from an Internet has-been to a credible player, got his walking papers last Wednesday. Randy Falco, a TV industry veteran who was president and chief operating officer of the NBC Universal Television Group, will take over as AOL's chairman and CEO. "It's a strange move, because AOL is on the way up. Miller was responsible for turning around the ship successfully, so it's not clear to me why they're replacing him," says industry analyst Greg Sterling of Sterling Market Intelligence. Miller, named chairman and CEO in August 2002, had the difficult task of changing AOL's business model from one focused on dial-up Internet access subscriptions to one centered on online advertising. This involved tearing down AOL's "walled garden" and making freely available on the Web the content and services it previously reserved for paying members via its proprietary software. This leap of faith assumes AOL will make up and surpass with online advertising the revenue it will give up by abandoning its Internet access business. Early indications suggest the plan is working. Although in Time Warner's third quarter, which ended Sept. 30, AOL's revenue declined 3 percent, due to the shrinking access business, online advertising revenue increased 46 percent, faster than the industry average, which hovers between 33 percent and 37 percent. This prompted Time Warner officials and financial analysts to shower Miller and other AOL top leaders with praise. Privately, however, the recovery signs may have come too late and been underwhelming for Time Warner. At a time when an Internet startup like YouTube Inc. gets bought for $1.65 billion, Time Warner may have astronomical expectations for AOL that it didn't see Miller meeting. "Miller's accomplishment is that he transitioned AOL from a fee model to a free model, which gives AOL a future. The problem is that AOL remains a property in trouble, one that isn't performing particularly well, certainly behind Google and Yahoo. That has been the big disappointment. Today, if you have a [company with a] Web model, you're looking for a very rich return on investment," says industry analyst Rob Enderle of Enderle Group. But as it searches for bigger online ad growth with an Internet industry outsider as CEO, Time Warner risks turning AOL's recovery into a relapse. "Falco doesn't really know the business. That's going to be the problem: he's going to be learning on the job. It may not be a huge problem if he's packaging the company up for sale, but if he's going to try to run it, it's probably going to be a [long] learning experience," Enderle says. As learning goes, Miller is also credited with synchronizing AOL to varying degrees with key trends driving the rebirth of the Web economy, such as blogging, Internet search, digital music, online video and open-development platforms. Lately, he had been spurring AOL product teams to shift their philosophy from making simple yet integrated products and services to developing outstanding ones. "The emphasis today is to make stuff great," Miller said at the Web 2.0 Summit in San Francisco a week before he was dismissed. He added then that this focus is key if AOL wants to increase traffic to its Web sites, which in turn fuels its online ad business. Unlike his successor, Miller was no stranger to the Internet business when he joined AOL. He had been president and CEO of USA Interactive's USA Information and Services (USAIS), which included at the time businesses like Ticketmaster.com, Citysearch, Match.com, USA Electronic Commerce Solutions and Expedia.com. A Time Warner spokesman disputed claims that Falco is an Internet newbie, saying that at NBC he oversaw the launch of several Web sites, including one tied to the network's Olympic Games coverage , and of online initiatives, such as the joint portal for U.S. Hispanics that Yahoo and NBC's Telemundo network announced in May. Ultimately, however, Falco comes on board because of his ad sales and traditional media background. "His TV experience and advertising connections really dovetail perfectly with AOL's focus on video and advertising going forward," the spokesman said. "Randy Falco is the right person to take AOL to the next level." Falco will provide more details about what that "next level" goal is when he takes over at a yet undetermined date, according to the spokesman. Miller remains at AOL for now but will leave Time Warner at a date that also has yet to be determined, the spokesman said. At least one high-profile AOL official has decided to jump ship rather than work under Falco. Jason Calacanis, who sold his very successful Weblogs Inc. company to AOL last October and continued to run it as a stand-alone subsidiary, resigned on Friday, after writing on his blog about his disappointment over Miller's removal. Of course, there are precedents among Internet companies appointing chief executives from traditional media companies, like Terry Semel, who became Yahoo's CEO in 2001 after 24 years with Warner Bros., says James C. Goss, a media and entertainment financial analyst at Barrington Research. Whatever Falco does, it's clear his key mandate will be to leverage his experience in the TV industry to accelerate AOL's ad sales business. If he fails at that, his appointment will be seen as a major mistake. "Obviously, AOL has changed its stripes and this just seems like a reaction to the shift in its business, to have somebody as CEO who has a lot of experience in the media side and, from an organizational standpoint, with a large operation of that nature," Goss says. "This is reflective of the dramatic business model change and of the aspirations" that come with it. Be that as it may, some Internet industry observers remain befuddled. "From the outside, it doesn't seem to make any sense," Sterling says. Â ADVERTISEMENTNEW IT SERVICES FROM IBM: EASIER TO BUY AND IMPLEMENTDiscover a simpler, more cost-effective way to get the solutions your company needs to grow more flexible and efficient.
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The Motley Fool - At the Merrill Lynch Media &amp; Entertainment conference a couple of weeks ago, executives from Comcast (Nasdaq: CMCSA - News) spoke to a gathering of analysts on its future plans for "triple play" success. To give you the inside scoop on what these analysts know that individual investors don't, I listened in and wrote up my thoughts.
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Time Warner Inc.  Chief  Executive Richard Parsons said on Tuesday it was eyeing more  Internet deals next year focusing on advertising technology, to  bolster the transformation of its AOL Internet division.
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That&#39;s what some shareholders of the media and entertainment conglomerate believe in the face of Time Warner&#39;s stalled stock price.