Word: warner
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...What’s important is not to dribble away these resources,” she said, adding that Fonda’s heavy investment in ailing AOL Time Warner stocks made the actress reluctant to give to a program that had shown no progress...
When Bronfman sold Seagram to Vivendi for shares of the French utility and telecommunications company's stock, he wasn't the only media exec seduced by an ill-considered merger; the wedding of Time Warner (parent of TIME) to AOL comes to mind. But that's not much comfort to the Bronfman clan, which has seen its stake shrivel (in part because of stock sales) from $6.5 billion to a little more than $1 billion. So where will Edgar Jr. get the money for his bid? Analysts say Universal Music Group could sell for about $7 billion, and the rest...
LARRY WACHOWSKI, co-creator (with his brother Andy) of The Matrix, is so secretive he has a no-publicity clause in his contract with Warner Bros. But details of his personal life are starting to leak out, and oh, my. According to documents posted on the website thesmokinggun.com Wachowski's estranged wife has had his business assets frozen until he accounts for $16 million the brothers were paid for the Matrix movies. "Larry has been extremely dishonest with me in our personal life," she writes. Whoa. And at the L.A. premier of The Matrix: Reloaded, Wachowski showed up with...
...Best Of Friends Microsoft and AOL Time Warner agreed to settle their feud over Netscape, with Bill Gates' company paying $750 million to AOL, which will, in turn, use Microsoft's browser. Also: cats and dogs are said to be near a historic accord...
...take care of me. Maybe I'll just have to date for the rest of my life. Or maybe the love of my life is yet to come." TED TURNER on his attempt to find a new life now that he lost billions of dollars' worth of AOL Time Warner stock and stepped down as vice chairman of the company...