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Time Warner Splitting AOL, Preparing for Possible Sale

Wednesday, August 6, 2008

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Time Warner Inc., announced that they will be splitting AOL’s dial-up Internet and advertising business into separate divisions by early 2009. This announcement follows major budget cuts to AOL’s blogging properties as well as complete cuts of some of AOL’s products including; Bluestring, Xdrive and AOL Pictures, according to an internal memo from Kevin Conroy, [...]

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