Word: aol
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Dates: during 2000-2009
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...these prices. As Richard D. Parsons, co-chief operating officer of AOL Time Warner (owner of Warner Brothers Music and this writer), Napster's proposal "doesn't solve the immediate problem" for an industry still pulling in $35 billion to $40 billion in annual sales, even swimming against the technological tide. The $1 billion proposal, Parsons told the New York Times, "does not strike me as being in the ballpark...
This would not stop Harvard students from surfing the Internet, checking their e-mail or using communication services like AOL Instant Messenger, but students home for the holidays would no longer be able to access programs and files on the Harvard network...
...Moving fast has become a necessity for Bertelsmann in its quest to survive the global media wars. Ever since two giant mergers last year-AOL's takeover of Time Warner and the purchase of Universal Studios by French media company Vivendi-Bertelsmann has been under pressure to bulk up. Not only has the group acquired control of RTL, which has TV and radio properties in 11 countries, but it is also bidding for the record company EMI and forging a global alliance between Bertelsmann music subsidiary BMG and Napster, the controversial Internet site where people can exchange music for free...
...What next? The RTL stock swap left intact a cash horde of more than $10 billion, which Bertelsmann earned from its sale of stock in AOL after the online service announced its merger with Time Warner (TIME's parent). Though global in outlook, Bertelsmann has relatively few broadcast and Internet assets in North America, so the German giant could soon be trolling for bargains among companies that have been bloodied by the precipitous fall of the U.S. high-tech stock market nasdaq. The RTL deal also provided outsiders an intriguing glimpse into Bertelsmann's finances. Company officials...
...would like to discuss the dangers and opportunities of human cloning with Michael Lemonick, our science writer, go to AOL on Wednesday at 7 p.m. E.T. and type in keyword Live...