AOL Time Warner Board Strips 'AOL' from Name

By David Worthington | Published September 18, 2003, 8:18 PM

At a board of directors meeting in New York Thursday, AOL Time Warner officers elected to drop "AOL" from the conglomerate's name. The company will become Time Warner Inc., returning to its former New York Stock Exchange symbol "TWX." The transition is expected to be complete within the next few weeks.

Chairman and Chief Executive Officer Dick Parsons said: "We believe that our new name better reflects the portfolio of our valuable businesses and ends any confusion between our corporate name and the America Online brand name for our investors, partners and the public."

"Today, all of our businesses - from America Online, Warner Bros. Entertainment, New Line Cinema, TBS and CNN to Time Warner Cable, HBO, Time Inc., The WB and Warner Music Group - are making important contributions to the whole company.”

America Online has been hemorrhaging subscribers, reporting in July that it lost 846,000 narrowband customers in the same quarter. Its financial solvency was also called into question after AOL restated its earnings by $45 billion, and posted a record breaking yearly loss of almost $100 billion. The early days of 2003 saw a subsequent re-shuffling of AOL executives.

Meanwhile, AOL has been fighting its way into broadband, previewing AOL 9.0 Optimized, and kicking off its "Members First" download campaign.

Comments

View comments by with a score of at least

AOL is sickening and should be closed down for lying and misleading the computer illiterate of the world. There should be laws against lying to stupid people to get them to buy your $hitty products. The best one was when they announced their revolutionary "Youve got pictures service"...Ya its called email...its been around for 30 some years. Oh and the newest lie, that AOL is the safest ISP because it has a firewall program and an antivirus program. AOL is just sick...So easy to use no wonder its number one???? Whats easier, using a secondary program to log onto the net with your special screen name and its own gay browser or clicking one icon utilizing networking software included with your os???? You will go down one day AOL, people are getting smarter...your users are dropping like flies. MUHAHAHAHAHHA techies unite!!!!

Score: 0

|

WAAHHOOO, STOCKS GOING TO GO UP 1000% !!!!! ROFL

Score: 0

|

Hahahaha... (can't believe I'm the first one to say this), 'AOL' name brand is the cause of every lost and loss that happened. Everyone know that 'AOL' is brand that stick to trademark of stupidity, lame-ness, bloated-ness, and privacy infringement.
I still remember opening AOL 'free internet' CD on my PC for 1st time, about 5 years ago. It deface my PC, my IE, (I had no registry editing knowledge at that time), and swamp my PC with lots and lots of advertisement... simply I had to reinstall it to remove AOL once... and FOR ALL.

Now, its good effort though, to make 'AOL' as shadowy character, as customer think no more stupidity its behind every little step... but I think its too late...

Score: 0

|

This is the Celestial Design Committee getting even for what AOL did to our systems with 4.0 beta.

It may take a while, but if you chant, smoke from the sacred pipe, and sacrifice a one of the evil CD-ROM's to Ye Gods, revenge shall be ours.

AMFYOYO AOL

Score: 0

|

Time Warner should see if THEY have the guts to do anything Online by themselves marketing wise or anything related to online besides having a store or a newstand

Score: 0

|

What the hell are you talking about? pathfinder.com was actually a huge portal before the merger. They just rolled it into AOL. I also recommend you visit HBO.com. Time Warner is also far more than magazines. Maybe you have heard of Lord of the Rings, Harry Potter, Sopranos, Madonna, and so on. AOL was a dying business that tricked a blue chip into merging with it. TWs stock was 70 before the merger and now is at like 16.

Score: 0

|

And don't forget what they've done with ICQ and Winamp!!!
At last my persistence of using AOL is paying in...

Score: 0

|

Ahhh don't forget this rest of this..

Their technology: AOL, CompuServe, AIM, ICQ, Digital City, AOL Europe, part of The Knot, Inc., Mapquest, Spinner, Winamp, parts of DrKoop.com and Legend (a Chinese ISP), Netscape, iAmaze, Quack.com, parts of Amazon.com, Streetmail, and Switchboard.

They have joint ventures with 3Com, eBay, Eastman Kodak, VarsityBooks.com, HP, VeriSign, Citigroup, Ticketmaster.

They own Time Life Books, the Book-of-the-Month Club, Bulfinch Books, Warner Books, HBO *and* Cinemax (no wonder they don't compete), Time Warner Sports, CNN, CNN/SI, half of Comedy Central, part of Court TV, Time Warner Cable, part of Road Runner, the New York City Cable Group (the largest cable TV group in the world), New York 1 News, part of In Demand, Warner Bros. Studios, WB TV network, Hanna-Barbera Cartoons, Castle Rock Entertainment, TBS Superstation, TNT, TCM, Cartoon Network, New Line Cinema, Time Magazine, Fortune Magazine, Life Magazine, Sports Illustrated, Money Magazine, People Magazine, Entertainment Weekly, Parenting, This Old House, Health, Field & Stream, Golf Magazine, Outdoor Life, Ski, Skiing Magazine, DC Comics, Mad Magazine. And let's not forget the Atlanta Braves, Hawks, Thrashers, the Philips Arena, and the Good Will Games.

Warner Music is a powerful force in the music industry. Rhino Records, Elektra Entertainment, WB Records, Reprise Nashville, Maverick Records, Warner/Chappell Music, and about 30 others. And they have joint ventures with Sony, EMI, Polygram, Bertelsmann, the News Corporation, BMG.

:o)

Score: 0

|

The channels - HBO and Cinemax - are both owned and run by HBO - the sub of TW. Cinemax was actually the first multiplex channel.

Score: 0

|

I believes that you are either loser or AOL shareholder... hehhehe.. no personal intrigue here, but go find FREEstuffs or AOL free products isn't as hard as you think...
use phoenix, foobar, gaim/trilian, and especially GO LINUX, and all other stuffs that i don't think necessary to put here (thx for ur comprehensive list though, now i even more aware of where i can spend my money at).
oh yeah, basically i don't watch tivi so much, as i think that's what AOL majority area, I download friends, simpsons series from KAZAA, DC, or ES5, (yes! new stuff and loving it) as well many other regular tivi show. Maybe now you want say that some of those show own/sponsored by AOL, who cares??? i don't pay a cent for it (except for power supply for my PC and internet connection)!!!... yet i can still enjoy it, even some without ads as from tivi.
Next, for magazines as u told above, find news from internet dude! find free ebooks if you want to study something, and uh oh.. sorry about all those album recording companies... really i am...
Now, hehehheh... what r u thinking? beat internet and P2P? hahhahah... as u see my mate, AOL can't touch me.

Score: 0

|

They need to also remove "Time Warner" from their name.

The DataRat

Score: 0

|

Mark Russinovich on MinWin, the new core of Windows

The next version of Windows three years hence will likely build onto a significant architectural change implemented in Windows 7 and Server 2008 R2.

Security firm: Windows patches not responsible for 'Black Screen of Death'

On second thought, maybe that access control list thingie with the lockdown something-or-rather didn't trigger an alleged, perhaps non-existent, pandemic.

My Windows 7 confession (and why you should confess, too)

I've held back the real reason for sticking with Windows 7, even as, gulp, iLife calls me to go back to the Mac.

Apple settles with Psystar except for 'circumvention devices'

The fracas with the Florida clone computer maker might have ended today had Apple not have muddled the issue over a cheap piece of Psystar software.

Google begrudgingly adjusts news crawling for paid publishers

If publishers want to make readers pay for news content, and thereby drive down its popularity and Google ranking, the company says, they can just go right on ahead.

Fee or free? Murdoch, Huffington square off over the cost of Internet news

Participants in an FTC workshop yesterday witnessed the two extremes of the Web news publishing debate, still centered on the issue of long-term profitability.

Microsoft denies latest 'Black Screen of Death' claims

After an anti-malware producer announced a fix to what it says is a swarm of recent KSoD problems, evidence of the swarm itself has yet to turn up.

Latest Firefox 3.6 beta fixes 133 bugs, promises faster page load times

A once-sluggish beta testing process has kicked into overdrive, with astonishing success at finding serious bugs. Will Mozilla be able to fix all the others in time?

Confirmed: Office 2010 to ship in June

Two weeks after Microsoft had been expected to draw a clearer roadmap for its principal applications suite, it's finally ready to commit to the end of H1.

New EU antitrust commissioner will oversee Microsoft, Oracle+Sun, Intel issues

As one of Europe's most prominent politicians shifts positions in January, her replacement remains a question mark over technology's biggest issues.

Without its own 'iTablet' yet, is Apple missing the boat?

Steve Jobs is on record as dissing "single-purpose" devices like e-readers. But given their recent popularity, was that a mistake?