Tuesday, May 25, 2010

AOL Founder Steve Case would re-do AOL / TimeWarner Merger


disrupt on livestream.com. Broadcast Live Free

New York, NY - (Zennie62's trip to TechCrunch is sponsored by Christine Smith Associates, Inc., the Premier Female Contractor in NYC.) AOL Founder Steve Case visited Tech Crunch Disrupt for a "fireside chat" with TechCrunch Editor Michael Arrington on Tuesday.

Case, who's now involved in investing in companies like Zip Car via his holding company Revolution LLC, answered Arrington's question about the future of the web. "I think what we've shifted two is having built and core infrastructure" and now are building on top of it, for example adding apps to existing web platforms like Facebook.

The AOl / Time Warner Merger

AOL merged with Time Warner in 2000. The new company, AOL / Time Warner almost immediately ran into trouble in mating two very disperate corporate cultures. While he stepped down in 2003 and said he wished he could undo the merger in 2005, Case now says he wish he could redo and not undo the merger. The problem for Case was that he had to step down in 2003; he would have focused more on content.

On the current AOL, he thinks AOL's headed in the right direction. "It's still got 100 million users. It's still got two-and-a-half-million annualized revenues, he says." AOL, to Case's view, is a more streamlined company with a more intense focus.

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