Feeds

'Exploratory' talks on AOL future, says TW

Not just 'rumour and speculation'

Next gen security for virtualised datacentres

Time Warner has confirmed that it is holding "exploratory" talks with a number of operators over the future of its AOL internet division.

Speaking yesterday Time Warner chief exec Dick Parsons admitted that the internet giant was "holding exploratory discussions with a number of strategic partners" concerning a "range of potential strategic relationships and transactions".

Which merely confirms the buzz of the last couple of months that has linked, in no particular order by the way, Yahoo!, Microsoft, Google and cableco Comcast with AOL.

Parsons' admission comes as Time Warner published its Q3 results for the three months to September and showed yet more disappointing news for AOL. Revenues were down $100m (5 per cent) to $2bn as the ISP continued to see subscription revenue fall.

The reason appears straightforward enough - punters are still leaving the ISP in their droves.

In the three months to September 678,000 US net users jumped ship taking the total number of punters to 20.1m - down 2.6m compared to this time last year.

While in Europe, AOL lost almost 100,000 punters over the summer - down 170,000 on the year - taking total numbers in the UK, France and Germany to 6.1m.

Despite the fall in revenues operating income rose $41m , or 16 per cent, to $302m.

Two weeks ago AOL announced that 700 jobs would be culled reflecting the fall in subscriber numbers. ®

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

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
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.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.