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Companies that were formerly owned by Time Warner (formerly Warner Communications, Time-Warner, AOL Time Warner and later, WarnerMedia), but were sold by the company before its merger with Discovery, Inc. as Warner Bros. Discovery. For companies sold or dissolved after 2022 under WBD ownership, see Category:Former Warner Bros. Discovery ...
AOL began in 1983, as a short-lived venture called Control Video Corporation (CVC), founded by William von Meister.Its sole product was an online service called GameLine for the Atari 2600 video game console, after von Meister's idea of buying music on demand was rejected by Warner Bros. [8] Subscribers bought a modem from the company for $49.95 and paid a one-time $15 setup fee.
[3] [4] The majority of the companies acquired by AOL are based in the United States. As of April 2008, AOL has acquired 41 companies. Most of the acquired companies are related to the internet, including several internet service providers and web browsers. In 2001, AOL merged with Time Warner to become AOL Time Warner. Due to the larger market ...
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The company had finally closed its $85 billion acquisition of Time Warner, after a protracted fight with the Department of Justice, and wanted to celebrate — and to mark its place at the center ...
After the merger, creating AOL Time Warner, factors like the dot-com recession greatly affected the company, leading to a historic $100 billion write-down. Levin resigned in 2002.
Dick Parsons, an American businessman who led Time Warner and helped iconic US companies navigate tough circumstances, has died at 76. A prominent Black business executive, Parsons was known for ...
1985: Case formally launches Quantum Computer Services from the "ashes" of Control Video, starting the company that would become AOL. 1989 : Quantum Computer Services is renamed America Online.