AOL boss: Time Warner spin-off is 'possible'
Here we go again. Rumors that Time Warner will unload its troubled AOL unit reignited Sunday when AOL honcho Jonathan Miller intimated that a split from Time Warner is up for consideration: "It's possible, going forward. It's not a discussion that Time Warner has a problem with understanding or engaging in," he told The Sunday Telegraph. Miller was in London, wrapping up the $2 billion sale of AOL's European Internet access businesses - in keeping with AOL's head-first dive into the business of free, ad-supported content.

An AOL spokesman immediately threw water on the "de-merger" flames, telling Bloomberg that Time Warner has no immediate plans to sell AOL. Still, the rumor was off and running, and Slashdotters had a field day contemplating the prospect of the split and an indie AOL. Perhaps the best snipe spoofed AOL's notorious hard-sell tactics on those who would cancel their service:
AOL: Hi this is AOL, how can we help you?
TimeW: Well, I'd like to cancel my service
AOL: sorry to hear that, can we offer you our high speed internet services?
And on it went. The grief must be particularly bitter for those very same tele-sales operators, 1,300 of whom were sacked last week as AOL closed down call centers in Arizona and New Mexico. Ouch. Transition is tough.
Posted by Oliver Ryan 10:18 AM 0 Comments comment | Add a Comment

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.