AOL Time Warner merger reshapes media future
The 160 billion plus AOL Time Warner merger creates the largest media and Internet company, linking Warner Bros, CNN, HBO, Time, Sports Illustrated with AOLs online platforms. Time Warner and Ted Turner join as leaders. the deal aims to push digital content across pagers to cars, boosting global connectivity and pressuring rivals.
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Largest merger ever to reshape AOL Time Warner
The Washington Post notes a $166 billion AOL Time Warner tie up merging America Online with Time Warner. AOL gains content, Time Warner online reach. combined market value about $350 billion with headquarters in New York. Regulatory scrutiny looms over cable, high speed access and cross promotion.
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