Wednesday, November 7, 2007

AOL loses one third of its subscribers in one year


USA - AOL, once a goliath among Internet service providers, is continuing to lose subscribers at a rapid pace. According to Time Warner’s Q3 results filed earlier today, the company now has 10.1 million subscribers, which is down 851,000 from Q2 and down 5.1 million or 33% year over year. Before the merger with Time Warner in 2001, the company said that it had more than 30 million subscribers. According to Time Warner the firm’s revised strategy to refocus its business from subscribers to advertising is to blame for the subscriber loss. Full Story - Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - LEGO