Word: aol
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...other words, we have a new (and French) vertically integrated media behemoth. The small group of big companies - AOL Time Warner, Disney, Fox - fighting not only to produce but deliver their sports, music, movies, TV shows and "interactive programming" to the U.S. couch potatoes that love them has a new member. Just a year after swallowing Universal Studios (and its theme parks), the former French water utility now figures it's ready to, in the words of former Fox TV creator Diller, "compete in the first tier of entertainment...
Every week, TIME writers and editors chat on AOL about the news. This week we look at homeland security, the collapse of energy giant Enron, and the highly anticipated debut of the top-secret invention Ginger. Go to AOL, Keyword: Live...
...JERRY LEVIN AND STEVE CASE Given the big egos of CEOs, it's no surprise that when companies merge, one boss usually departs. But since the creation of AOL TIME WARNER in January 2000, chairman Steve Case, 43, and CEO Jerry Levin, 62, have shown a unity of purpose at odds with the B-school case studies. It helps that they share a vision: subscriptions. Add up AOL, cable TV and magazines, and they have 137 million people mailing in payments. This year the duo clung for too long to profit promises they couldn't keep. But as they direct...
Liberty Media is an oddball idea. It's John Malone's collection of both public and private media-content businesses. It's at $11.50, and there's probably $10 worth of publicly traded stock in his collection of assets, including AOL Time Warner, Sprint, Motorola and News Corp. He also has about $10 a share worth of private companies like Discovery Channel and QVC. The list is as long as your...
...wrong—her incredible understanding of relationships and power structures will cause her media conglomerate to rule the entire world. Standing in her ballroom, ushering in the guests for her charity dinner, Jenn will, in the back of her mind, be making a deal between her company and AOL Time Warner. For at this point, Jenn will have already purchased Disney, destroyed Microsoft and embraced Fox. When it’s all over, Jenn will still be the Diva of the style world. It’s up to her to set the tone...