Time Warner to split AOL in two, beats estimates »

Posted By Ousama 1 year, 4 months ago in Science & Technology

NEW YORK (Reuters) - Time Warner Inc said it would split AOL's dial-up Internet and advertising businesses into separate divisions by early 2009 and reported a slightly higher-than-expected quarterly profit, citing strong cable advertising sales and films like "Sex and the CityBy shedding the cable division by the end of the year and
splitting the AOL business, Time Warner plans to focus on
creating content rather than bolstering its distribution
business.

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