Word: warners
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...With a deal announced Monday between three of the music business's Big Five (Bertelsmann AG, EMI Group and AOL Time Warner, parent company of this writer) and tech outfit RealNetworks to create a pay-for-play service called MusicNet, the industry headed into a Senate Judiciary Committee hearing on online entertainment Tuesday feeling ready to face the future...
...Talks, at least, are proceeding.Word on the street has it that Microsoft is sniffing for deals in China's online market. AOL Time Warner, which publishes TIME, is said to be the furthest along. Sources say it has held intense negotiations with Beijing's politically well-connected Legend Computer about forming a joint venture that would then snap up Netease. Rumors link Microsoft with Sina. (Spokesmen for Microsoft and AOL deny there are any deals in the works.) Amid all the jockeying, Yahoo!'s plans seem the murkiest. International expansion may no longer be a major priority: many of Yahoo...
...priceless showcase for five cute boys. And Popstars (Fridays, 8:30 p.m. E.T.) went Making the Band one better by not only creating girl group Eden's Crush but also giving it a guaranteed contract on a label owned by the WB's (and TIME's) parent AOL Time Warner. (O-Town was turned down by several labels before signing with J Records, veteran music exec Clive Davis' new endeavor.) Popstars' treatment of the young synergettes makes Making the Band look like a Bill Moyers special; it cheerfully depicts its women as a hungry, hardworking pop juggernaut in leather pants...
...true believerism about web advertising. Disappearing dotcoms made no difference to his bottom line, he said, since traditional companies would pick up the slack. And "the majority of ad spending will be concentrated on the big players"--meaning Yahoo and AOL. (AOL and TIME are part of AOL Time Warner...
...Parker and Stone don't seem to have any disdain for the President. Neither voted, and they sold the idea of a sitcom about the presidency to Comedy Central (half-owned by AOL Time Warner, parent company of TIME) the summer before the election; the recount pushed the show back from its planned March debut and also reduced the number of episodes from 10 to eight. In fact, before November, the only plot they had sketched out had President Gore trying to convince people that he was the real President while being usurped by a life-size robot. And before...