Items tagged with America Online

AOL has a reputation that precedes it, and that's not necessarily a good thing. When most people think of AOL, they remember the dial-up service from years ago. Heck, some of you reading this might even still have those trial CDs that AOL flooded the market with. But there's more to AOL than that -- much more -- and for that reason, a brand change could be in AOL's future. Verizon owns AOL these days, having acquired the company last year in a deal worth about $4.4 billion. The sum takes into account AOL's various media properties, such as The Huffington Post, TechCrunch, Autoblog, Moviefone, Engadget, and others. It even owns MapQuest. The AOL of today is very much a media giant. Image Source:... Read more...
It's been a few months since we covered AOL's controversial new business strategy and surprising purchase of The Huffington Post. The company released its first quarter results earlier this week—is there any good news underneath the bad? A little, as it turns out. Global display advertising revenue (this refers to large, flashy ads) grew four percent quarter-on-quarter, marking the first increase in display revenue since Q4 2007. Company chairman Tim Armstrong stated: ""Today represents an important milestone in the turnaround of AOL as global display revenue grew for the first time since Q4 2007. I am proud of the work completed thus far and we remain focused on accelerating our momentum... Read more...
No, the company isn't going anywhere, but it's formal name is gone, and the company is to be simply known as "AOL". It's not the first name change though, back in 1985 it started out as Quantum Computer Services, and switched over to America Online in 1991. "AOL had 19.5 million U.S. subscribers as of Dec. 31, a 27 percent drop from its peak of 26.7 million in September 2002. Over the past year, AOL has been increasingly shifting its efforts at making articles, video and other materials available for free through its ad-supported sites."... Read more...