Word: aol
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Dates: during 2000-2009
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...idea here is similar to what compelled Viacom to buy CBS and AOL to merge with Time Warner: joining content with distribution. In some sense, it is technology--or fear of technological change--that is driving these partnerships. Who knows in the high-speed, always-on, wireless world what is more valuable: content or distribution, programming or cable, music or the means to get the tunes to the listener...
...where Federal Trade Commission Chairman Robert Pitofsky calls the wave of mergers "unprecedented," regulators are scrutinizing matchups like AOL-Time Warner for indications that the partners might use their clout to deny rivals access to their networks. In part to fend off regulators, AOL last week filed plans to open its wildly popular instant-messaging system to other Internet providers. A Vivendi-Seagram deal would probably face less U.S. scrutiny, since most of its distribution channels would be in Europe. European regulators, however, will take a hard look, just as they said they would do last week with Time Warner...
Sensing an opportunity, Messier approached Bronfman last October. Seagram possessed the kind of content-producing assets that Messier's distribution channels thirsted for. Talks between the two men heated up in January following word of the AOL-Time Warner deal. But the discussions nearly collapsed last spring, before both companies settled on a stock swap that would value Seagram at about $75 a share--a roughly $25 premium above its recent price...
...other hand, will launch with no digital-recording features (although it promises them later in the year as part of the deal it announced with TiVo last week). And everyone who buys AOLTV will have to pay $250 for the box plus a monthly fee of $14.95 (for existing AOL members) or $24.95 (for new users...
...with aplomb. But as soon as I arrived at Harvard, I met Dave and Andre, and I was humbled like the ninth grader I had been. I had met Dave online that in-between summer. The instant I decided to go to Harvard I added that fact to my AOL profile, and he sent me a congratulatory note, having searched "Harvard" and "gay" and found a new name. He offered to show me around Cambridge when I arrived--"don't worry, I know plenty of cool people," he wrote. And so the day after my father closed the door...