Sunday, July 09, 2006

At AOL, A Plan for a Clean Break

Saul Hansell writes in The New York Times:

Should AOL sacrifice its cash cow in hopes of finding a prosperous future?

In two weeks, the board of Time Warner Inc., which owns AOL, will hear a proposal from Jonathan Miller, AOL's chief executive, calling for a near halt in marketing for AOL's 17-year-old Internet access service, price cuts for existing customers and thousands of layoffs. His goal is to devote all of AOL's energy into building its free Web-based services.

More here.

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