Word: aol
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Dates: during 2000-2009
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...company that many critics had already written off. He did that and more, using his marketing wizardry to turn America Online into a new media powerhouse, big enough to eventually swallow an old media standard bearer called Time Warner. He became a self-designated prophet of 21st century success: AOL was going to rocket Time Warner into a brave new world, delivering music, movies and you name it, anywhere, anytime--and of course make a killing in the process...
...last week Pittman had to be called on once again to save AOL, which is beginning to look like the media giant's albatross. After eagerly devouring Pittman's hype just a year ago, investors and critics now feel woozy. Incoming AOL Time Warner CEO Richard Parsons, 54, clearly felt that nobody could clean up the mess better than Pittman, which is why he asked his top deputy to go back to Dulles, Va., on a new rescue mission. "AOL is our biggest problem, and so we're putting our best fighting general on it," says Parsons, who was designated...
Pittman takes over from Barry Schuler, the former tech entrepreneur who has run AOL since the merger in January 2001 and will now head a new interactive services division. Although Pittman, 48, is known as an agile manager with an uncanny ability to build big consumer brands, this is the Mississippi native's biggest test. He must restore AOL's luster and regain the trust of colleagues, business partners and, most important of all, Wall Street...
DiFranco fans themselves have become something of a phenomenon. Like many popular musicians, DiFranco has developed a cult follwing, but hers is particularly eclectic and notorious. A friend, before leaving for the show, changed her AOL IM away message to “Me, Ani and 4,000 screaming lesbians” a reference to Ani’s core audience of non-conformist young women. But looking around the Orpheum, there indeed were an awful lot of young women in head scarves, but there were a remarkable amount of men of all ages, and more than a few women...
...Meanwhile, the corporate overlord of this writer, AOL Time Warner, recently sent out letters informing all worker bees - corner office or not - that new company-match contributions in company stock would be immediately transferable to, well, whatever other investment option we worker bees might find enticing. Do nothing, and the money still buys company stock (this strategy also works if you happen to believe in the company's prospects). Want to move it all into, say, Microsoft? Good old AOLTW won't squawk, not now or three years from...