Word: aol
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Dates: during 2000-2009
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...going anywhere and sees Disney as poised for a spectacular turnaround that an improving economy and movie hits such as "Signs" can deliver. He has noted that, as poorly as Disney is doing, the results and upheaval are even worse at competitors such as Vivendi Universal, Bertelsmann and AOL Time Warner (which publishes Time). Says Disney president Robert Iger: "We don't have any accounting issues to deal with. We are a healthy company and we have a global brand that is considered one of the most valuable in the world." Underscoring his point, Eisner and Disney chief financial officer...
UNDER INVESTIGATION. AOL TIME WARNER; by the Securities and Exchange Commission (SEC); over accounting practices. The SEC fact-finding inquiry, which the media giant (and TIME's parent) disclosed last week, is looking into whether its AOL division properly accounted for $270 million of revenue over the past two years. Both AOL and its auditors say the accounting was appropriate...
...hard to knock Middelhoff for his record at Bertelsmann. He convinced the company to buy a stake in the Internet service provider American Online when it was still a fledgling company. Later, he arranged to sell the stake back to AOL for a $7 billion profit. The deal helped land Middelhoff the CEO job in 1998. He profitably sold off a stake in the German pay-TV service Premiere World long before the company, owned by media tycoon Leo Kirch, went bust. Middelhoff also persuaded Bertlesmann to buy the giant U.S. publisher Random House for $1.2 billion. His contract, reportedly...
Media Probe The U.S. Justice Department is investigating accounting practices at Time's parent, AOL Time Warner. The SEC is conducting a similar inquiry...
...maybe that should be "surprisingly relevant," for a series made almost two years ago. News was all set to run on tnt in January 2001 but was scuttled by new management after the merger that created AOL Time Warner (which owns TNT and TIME). This year Bravo bought all 13 episodes--at a deep discount. But despite being shot before 9/11, Ashleigh Banfield's dye job, Greta Van Susteren's eye job and Paula Zahn's "zipper" ad, News doesn't play like old news. Like E.R., whose frenzied pace it emulates, News nails the jargon and the adrenaline rush...