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Management
AOL thinks sub level will stay the same
For the first time in years, Time Warner Inc.'s AOL unit looks to end 2006 with as many users as it started with as a recent strategic switch to a free service continues to attract users, president and chief operating Jeffrey Bewkes said here Wednesday. Speaking at the UBS Global Media and Communications Conference, he also said that Warner Bros. again will be the most profitable Hollywood studio for 2006 -- even though it will leave the top couple of boxoffice ranks to competitors -- and that the studio looks toward a strong 2007.
Dec 7, 2006, 11:55
Management
AOL lays groundwork for major restructuring
AOL will disband its business unit that handled access subscriptions and give product managers more autonomy over designing services for consumers as the company increases its emphasis on generating advertising revenue. AOL also will name its first chief privacy officer in the wake of a much-criticized disclosure of the search terms used by more than 650,000 subscribers. The changes, outlined in a memo Chief Executive Jonathan Miller sent to AOL employees, take effect in January and represent the first major restructuring since November 2004, when the Time Warner Inc. unit started making news articles, music videos and other materials available for free, breaking its historic "walled garden" of content exclusive to paying subscribers. At the time, AOL reorganized into four business units, including separate ones for access and audience, its official term for drawing eyeballs to ad-supported websites.
Sep 21, 2006, 09:33
Management
Amdocs and Alcatel in talks for huge joint project
Sources inform "Globes" that telecommunications billing giant Amdocs is in advanced negotiations for a joint project with French telecommunications equipment company Alcatel. The project is worth hundreds of millions of dollars. Amdocs will provide the billing systems, and Alcatel the infrastructure.
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Apr 7, 2005, 11:14
Management
Executives' Views On IT Hurts Spending
A new study by Bain & Co. finds that 70% of senior executives at large corporations agree that information technology is relevant to growth. [Forbes.com]
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Aug 24, 2004, 07:10
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