Assignment #1

Submit to:
Mr. Bilal Tariq Butt
Submitted by:
Maryam Dar
Rollno:
18134156-057
Subject:
Technology Management
Topic:

AOL to Warner Media

AOL
AOL was one of the early pioneers of the Internet during the 1990s, and the most
perceived brand on the web in the United States. It initially gave a dial-up assistance to a
large number of Americans, just as giving a web-based interface, email, texting and later
an internet browser following its acquisition of Netscape. In 2001, at the tallness of its
ubiquity, it bought the media aggregate Time Warner in the biggest consolidation in U.S.
history. AOL quickly declined from there on, mostly because of the decay of dial-up and
ascent of broadband.[2] AOL was in the long run turned off from Time Warner in 2009,
with Tim Armstrong delegated the new CEO. Under his administration, the organization
put resources into media brands and promoting advances.

 America Online is an American web-based interface and online specialist co-op

situated in New York City. It is a brand advertised by Verizon Media.

 The assistance follows its set of experiences to an online help known as PlayNET.
PlayNET authorized its product to Quantum Link (Q-Link), who went online in
November 1985. Another IBM PC customer dispatched in 1988, ultimately
renamed as America Online in 1989. AOL developed to turn into the biggest
online help, dislodging set up players like CompuServe and The Source. By 1995,
AOL had around 3,000,000 dynamic clients.

Warner Media:
In spite of turning off Time Inc. in 2014, the organization held the Time Warner name
until AT&T's obtaining in 2018, after which it became WarnerMedia.[10] The
organization's past resources included Time Inc., TW Telecom, AOL, Time Warner Cable,
AOL Time Warner Book Group, and Warner Music Group; these activities were either
offered to other people or turned off as autonomous organizations. The organization
was positioned No. 98 in the 2018 Fortune 500 rundown of the biggest United States
partnerships by absolute income
WarnerMedia (Formerly Time Warner), is an American worldwide broad
communications and diversion aggregate organization claimed by AT&T and settled in
New York City, United States. It was initially framed in 1990 by Steve Ross and in the
past known as Time Warner from 1990 to 2001 and 2003 to 2018, from the
consolidation of Time Inc. furthermore, the first Warner Communications. The
organization has film, TV and link activities, with its resources including Warner Media
Studios and Networks (comprising of the amusement resources of Turner Broadcasting,
HBO, and Cinemax just as Warner Bros
 Why American Online Buys Warner Media
Due to the larger market capitalization of AOL, their shareholders would own 55% of the
new company while Time Warner shareholders owned only 45%, so in actual
practice AOL had merged with Time Warner, even though Time Warner had far more
assets and revenues.

Its resources were scattered across numerous units of WarnerMedia, two of the new
divisions, WarnerMedia Entertainment and WarnerMedia News and Sports.
WarnerMedia Entertainment would comprise of HBO, TBS, TNT, TruTV, and the direct-
to-customer video administration HBO Max. WarnerMedia News and Sports would have
CNN Worldwide, Turner Sports, and the AT&T SportsNet local organizations drove by
CNN president Jeff Zucker.

AT&T said on Thursday that it had closed its $84.5 billion acquisition of Time Warner.
The announcement marked the completion of a 17-year unwinding of the media
behemoth. Today none of the sprawling businesses that made up AOL Time Warner
stands as a separate publicly traded company.

How They Merge:

This consolidation is the second biggest ever, and it occurred during that very year as
the Mannishness securing. In 2000, America Online (all the more generally known as
AOL) procured Time Warner for $164 billion. At that point, most Americans utilized their
landline telephone administration to get to the web through supplier AOL, making the
organization one of the greatest innovation associations in America. In spite of the fact
that costly, this arrangement endured just nine years. In 2009, Time Warner turned into
a free organization as AOL kept on losing esteem in the post-dial-up age.