AOL Sees Ad Growth, Subscriber Decline
The company has been transitioning its business from the languishing dial-up business of its past to focus on an ad-supported content business, led by the recently launched AOL.com portal.
Apparently, the transition isnt moving fast enough for Time Warner as today, the company confirmed its engaged in talks with multiple companies to find ways to speed that process.
Its a priority for us to accelerate the transition of AOL to an audience-based business, Dick Parsons, Time Warners chairman and CEO, told investors on a conference call. We think AOL has what it needs to get there on its own, but we think that either through an enhanced relationship on the technology side, or an enhanced relationship to deliver more traffic to sites AOL controls, we can accelerate that transition.
This could be the impetus needed for AOL to sell maybe?…Time will tell…
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