GigaOm writes:
"An anonymous tip dropped into our inbox, claiming that Jason Calacanis, one of the co-founders of Weblogs Inc., and architect of the new Netscape has resigned from AOL, following the resignation of Jon Miller."
UPDATE: TechCrunch is confirming the news.
http://www.techcrunch.c...
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Time Warner appointed NBC executive Randy Falco as the new chairman and CEO of AOL, bringing a long-time television executive in to run the struggling online service.
Falco is currently president and chief operating officer of the NBC Universal Television Group. He replaces Jonathan Miller, who is leaving the company after four years at the head of AOL.
Falco has spent 30 years with NBC and has an extensive advertising background. He was involved in coordinating NBC's coverage of the Olympics and refining NBC's approach to selling...
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Dick Parsons, the chairman and chief executive of Time Warner, fired a shot across the bows of Google, saying his group would pursue its copyright complaints against YouTube.
Mr Parsons told the Guardian: "You can assume we're in negotiations with YouTube and that those negotiations will be kicked up to the Google level in the hope that we can get to some acceptable position."
He denied the decision to pursue any potential infringement had been prompted by this week's acquisition. Google, whose core search function attracted 204 million...
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Few companies inspire such existential angst among investors as Time Warner.
"I want to own it. I want to like it. I keep thinking I have to buy it. And I do. I buy a little," says one fund manager. "Then I think about every one of the divisions, except cable, and I don't really like them."
Some bad karma is weighing on shares of the world's biggest media conglom. The stock's stuck at $16 and change. Seems there's no way, no how, it'll budge.
A year ago, many on Wall Street called this price ridiculously low -- not that they were...
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According to MarketWatch, an entertainment analyst at Jefferies & Co., Robert Routh, thinks that Viacom may actually merge with Yahoo!.
Why? Well, Yahoo! CEO Terry Semel used to run Warner Bros. and could operate the Paramount division of Viacom. And, of course, he could also take all that cable content and run it through Yahoo!'s multimedia distribution network. Sort of a Google Video on steroids.
Perhaps stock analysts have given up on just doing the old "buy", "hold", and "sell." But Mr. Routh's theory collides with the theory in this...
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The Internet service provider's declining fortunes may serve as a cautionary tale, but redemption isn't out of the question.
The company went from being worth around $200 billion in 2001 to an estimated $20 billion today. (AOL values based on estimate and raw guess partly attributed to Google's purchase of five percent of AOL for $1 billion.) It's like the US becoming as economically powerful as Spain by 2011, or similar in dramatic plummet to Britney Spears' Q rating. From its high of over 30 million subscribers, AOL now claims somewhere...
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Time Warner Inc.'s Internet unit AOL on Wednesday said it had purchased GameDaily, a video game news and review Web site, part of an effort to expand a portfolio of online information and entertainment.
GameDaily caters to a largely male gaming community aged 18 to 34 that is coveted by advertisers. Its consumer-oriented site provides previews of new games, tips on how to improve scores and free game downloads.
AOL purchased GameDaily from privately-held Gigex, but did not disclose financial terms. AOL will keep the GameDaily brand...
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Time Warner Cable has announced the launch of PhotoShowTV as a free bonus for all digital cable and Road Runner high-speed internet subscribers.
Developed by Simple Star, PhotoShowTV allows users to create slide shows with digital photos and video clips, then show them on a TV screen, and publicly share them with other subscribers over Time Warner’s Video-On-Demand network.
“By converging our digital-cable and high-speed-online service, this new feature brings sharing the family photo album to a whole new level and gives users the...
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Another company has jumped on the user generated content bandwagon. "As part of an effort to incorporate more user-generated content in its news reports, CNN said Monday that it has created a Web site where viewers can send in video and audio clips pertaining to breaking news."
CNN Exchange ( www.cnn.com/exchange) will serve as the online center of the Time Warner (nyse: TWX - news - people ) network's interaction with viewers and Web surfers, highlighting e-mails sent in response to news stories and providing links to blogs maintained by...
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In April alone, three video companies got $30 million in funding. But with the number of services now at a staggering 173, including 85 that host and share videos, investors are starting to worry; now Two Time Warner sites are making serious moves into online video. CNN is expected to formally launch today a system for collecting user generated content, with video at the center of its strategy.
"User-generated content has the potential to play a pivotal role in journalism whether it's online or offline," Mitch Gelman, senior vice president...
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