Legal Research

AOL’s Lost Decade to End Soon

Time Warner’s board has stated the obvious — they’ve “enthusiastically endorsed” spinning off AOL — the poster child for the dot-com bubble — as a separate company by the end of this year. As part of the deal, TW will have to buy back Google’s 5% stake in the company. But there’ll still be a bit of Google left in AOL — back in March Google’s head of U.S. advertising sales, Tim Armstrong, became AOL’s CEO.

I think this means that the 1990s are now, finally, officially over.

Full post as published by Jenkins Webblits on May 28, 2009 (boomark / email).