Feeds

AOL bigger than Disney – official

Who’s the leader of the gang that's made for you and me

  • alert
  • submit to reddit

Next gen security for virtualised datacentres

It reads like an April Fool’s Day gag, but it isn't. US investors have been so overcome with enthusiasm for anything to do with the Web that America Online is now worth more than Walt Disney, Viacom and CBS combined, according to today's Financial Times. Walt Disney himself must be spinning in his grave, Mickey and Donald must be fuming. Web-investment fervour has added some $62 billion to AOL's value in the last four weeks alone, giving the giant of the Internet a market capitalisation of $140 billion. Poor old Disney only has a market cap of $66 billion, Viacom $35 billion and CBS $30 billion. AOL is expected to see its turnover top the $4 billion mark this year and may even record a profit. If it does it will one of a tiny number of hot Web stocks with any real money behind them. Some analysts and industry watchers have likened the rush to invest in the Web to the fairy tale of the Emperor's new clothes. The combined turnover of Disney, Viacom and CBS by comparison amounts to around $45 billion –- casting a not inconsiderable shadow over AOL. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?