Weekend buzz on AOL

Posted Oct 23rd 2006 11:19AM by Jon Ogg
Filed under: Deals, Rumors, Time Warner (TWX), Viacom (VIA)

The TELEGRAPH in the UK over the weekend reports of a potential unlocking the value in AOL.

You have to love how rumors get started. I saw a chat-post this morning that said AOL was being spun-off and I thought my eyes were deceiving me for a moment. The article quotes AOL's CEO Jonathon Miller: "It's possible, going forward. It's not a discussion that Time Warner Inc. (NYSE: TWX) has a problem with understanding or engaging in. Until we were on this present course, it wasn't even the right discussion. Now it becomes more interesting."

Anything is possible in this day and age of web and traditional mergers, but outside of what may be management testing out the waters, there is no real background or specifics in the article pointing to a deal being imminent.

On a different note, AOL will now sell Paramount movies and television shows through the new AOL video portal. Paramount is part of Viacom (VIA).

Tags: AOL, Jonathan Miller, JonathanMiller, Time Warner, TimeWarner