Essay on AOL Time Warner

AOL engaged in what is called “micro-tasking”, and is believed to revolutionize the virtual workforce. Micro-tasking is what Daniel Maloney, an AOL executive, applied when he was faced with inventorying a vast video library. He broke the large job into small pieces and utilized a crowdsourcing IT platform, Mechanical Turk, in order to describe each task that he required to be done. Each worker was asked to find web pages containing a video and identify the video’s source and location. The project started within a week and completed in a couple of months. The total labor cost was as low as it would‘ve been to hire two man-month

Comcast Corporation, based in Philadelphia, Pennsylvania, is the largest cable company in the United States. Comcast develops broadband cable networks and are involved in electronic retailing and television programming content.

1. What accounting approach has AOL used in the past that it is now changing (related to the $385 million)?

Prior to 1995, AOL was so successful in the commercial online industry relative to its competitors CompuServe and Prodigy primarily because of its pricing rate structure which was the easiest for customers to understand and plan for ahead of time. CompuServe and Prodigy offered the same pricing as AOL for its standard service, but, charged additional fees for premium services and downloading which made it more difficult for customers to anticipate their monthly spending.

In January 2000, AOL announced that it would be acquiring Time Warner through a complete stock deal to create the largest media company in the world. Not only was the merger the biggest ever in the media industry, it was also one of the biggest in the history of the corporate world. As per the merger agreement, AOL and Time Warner stock was converted to AOL Time Warner stock.

As a communication giant with solid foundation, Verizon is still facing a transition from simple communication service to multiple internet services. Some people think that the acquisition of Yahoo is an extensional action of Verizon acquiring AOL last year, because AOL and Yahoo are similar traditional internet business. The core Internet business Yahoo sold to Verizon is a remedy for Verizon’s shortage of digital media business. Through Yahoo's online business, Verizon’s future layout may be faster. The online digital media services platform will not only help Verizon’s business expansion, but also can help Verizon to further enhance its corporate value and brand through Internet channels. CEO Lowell McAdam of Verizon says his company intends to become a significant player in digital media. (Knutson, 2016)

AOL was one of the first internet service providers in the United States. American Online founded in 1985 by Steven Case and Jim Kinsey in 1985. A few years AOL introduced a few new features to their company such as instant messenger or also known as AIM. This allowed AOL of convert from an hourly service to a free service. That same year, AOL became a publicly traded company.

This is an Annual ISP. Ned is a pleasant and friendly Caucasian male. He communicates his wants and needs verbally and is fully ambulatory. Ned is relatively quiet and does not initiate conversations with peers or staff. However, he will interact with others and engage in conversation. Ned enjoys community outings such as, bowling and swimming, watching TV and listening to music.

AT&T Inc. (AT&T), consolidated on October 5, 1983, is a holding company. The Company is a supplier of communications and computerized entertainment benefits in the United States and the world. The Company works through four sections: Business Solutions, Entertainment Group, Consumer Mobility and International. Its administrations offerings incorporate remote communications, information/broadband and Internet administrations, computerized video administrations, neighborhood and long-separate telephone administrations, telecommunications hardware, oversaw systems administration and discount administrations (www.digitaltrends.com). The Company offers administrations and items to buyers in the United States, Mexico and Latin America, and to organizations and different suppliers of telecommunications administrations around the globe. The Company likewise claims and works roughly three provincial games networks, and holds interests in another territorial games organize and a system devoted to diversion related programming, and additionally Internet intuitive amusement playing (www.digitaltrends.com).

Time Warner is also taking part in joint ventures which bring it more opportunities to advertise and sell its products. For example, in 1993 Time Warner and US West worked together to improve U.S. cable systems to an interactive fiber-optic data highway that could lead to such direct services to the home as music on demand and video on demand. This deal was based on U.S. West investing $2.5 billion in Time Warner Inc. which gave them a big stake (25.5%)in

In January 2000, Time Warner, Inc. (TW) announced its plans to merge with America Online (AOL) and upon completion

Standing proud as Philadelphia’s tallest skyscraper lies the headquarters of the leading telecommunication conglomerate in the U.S-- Comcast Corporation. Comcast, with about 159,000 employees, developed around $80.4 billion in revenue in 2016, which was a 7.9% increase from the revenue consolidated in the previous year. Comcast Corporation’s success can be traced down to the extensive services the company provides. These services, including cable television, internet services, voice over internet protocol, and content production, fall within two overlaying businesses of Comcast Corporation: NBCUniversal and Comcast Cable. NBCUniversal operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks,

“AOL is a leader in the digital content and advertising platforms space.” (3 Concerns Consumers Should Have About the Verizon/AOL Merger. (n.d.). Retrieved May 25, 2016, from http://www.blackenterprise.com/money/consumer-affairs/3-concerns-consumers-should-have-about-verizonaol-merger/). Acquisition with Verizon will give opportunity to AOL to expand distribution of advertising. “The deal will add scale and it will add a mobile lens to everything we do inside of our content, video, and ads strategy,” said Tim Armstrong, AOL’s chairman and CEO.

In this paper we would like to advise the Dutch supermarket chain on their plans of expanding their services globally. The supermarket chain wants to do this by means of an online platform service from which customers can order their groceries. They will have local distribution centers where the groceries will be delivered from. Customers must create an online account to order groceries. By creating the online account customers are required to give up personal information.

AOL continued to develop and expand the range of content and services for its customers. It offered new features and services by entering into strategic business alliances with many leading companies in related industries, such as American Express, ABC, Reuters, Business Week, Fidelity, National Education Association, etc.