Wednesday, June 15, 2005
It's All in the Family
Source: New York Post Time Warner Cable may have a companion when it goes public sometime next year — America Online.
Media giant Time Warner has considered combining its cable unit and AOL into one separate publicly-traded company, according to two sources close to the company.
The option is one of many the company is considering for the future of AOL, which still generates plenty of cash even as it bleeds subscribers, and Time Warner is not likely to make a move until it sees if AOL's new plan to offer much of its content for free on the Web can be succesful. MORE
Time Warner is the parent company of CNN.
# posted by ATN @ 10:37 AM 
