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Google believes $1B investment in AOL is crumbling

June 9, 2018
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In an assessment that could lead to a substantial charge against its future profits, Google Inc. believes its $1 billion investment in advertising partner AOL is souring. – (Sydney Morning Herald — 20 hours ago)
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AOL is finally in a position to shed the dial-up-access business that once offered tens of millions of people their first glance at the Internet.

(Washington Post — 5 August, 2008)
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AOL’s expensive investment in building a leading online advertising network is not yet paying off for parent company Time Warner.

(Washington Post — 7 August, 2008)
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The Wall Street Journal reports that Time Warner will announce later this week that it has concluded the necessary internal processes to separate AOL’s dial-up business from its Internet advertising business. (CNET News.com — 5 August, 2008)
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Declining subscriber fees at the AOL online unit and lower ad revenue at the Time publishing business pushed down second-quarter earnings. (New York Times — 6 August, 2008)
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AOL’s ad revenues are down and unsurprisingly, it’s continuing to lose subscribers. But when you can talk about ‘The Dark Knight,’ it’s easy to make financials sound brighter. (CNET News.com — 7 August, 2008)
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