Last modified on April 9, 2019, at 04:54

AOL

AOL stands for "America OnLine", a leading commercial provider of email accounts and access to the internet. It merged with New York City based conglomerate Time Warner in 2001,[1] and in the past few years, its business model has increasing shifted to an advertising-supported one, serving ads both on their own sites and to third-party sites via their Platform-A distribution system.

In 2009, Time Warner bought out Google's minority stake, and then AOL was spun off into a separate, publicly-traded company, initially owned by Time Warner's shareholders.[2] In 2011, it acquired[3] the liberal[4] Huffington Post. In 2015 Verizon announced that it would acquire AOL for $50 per share, or approximately $4.4 billion.[5]

Notes

  1. ↑ https://money.cnn.com/2009/05/28/technology/timewarner_aol/
  2. ↑ https://abcnews.go.com/Business/story?id=7696469
  3. ↑ http://corp.aol.com/about-aol/overview
  4. ↑ https://www.britannica.com/EBchecked/topic/1192975/The-Huffington-Post
  5. ↑ http://ir.aol.com/mobile.view?c=147895&v=203&d=1&id=2047040

External links