AOL_Time_Warner_Merger

AOL Time Warner Merger Term Paper On AOL & Time-Warner Merger Subject: Financial Management AOL-Time Warner, Inc. is a fully integrated, Internet-powered media and communications company. The Company was formed in connection with the merger of America Online, Inc. (America Online) and Time Warner Inc. (Time Warner), which was consummated on January 11, 2001 (the Merger). As a result of the Merger, America Online and Time Warner each became wholly owned subsidiaries of AOL Time Warner. Business areas The Company classifies its business interests into fundamental areas comprised of America Online, consisting principally of interactive services, Web brands, Internet technologies and electronic commerce; Cable, consisting principally of interests in cable television systems; Filmed Entertainment, consisting principally of interests in filmed entertainment and television production; Networks, consisting principally of interests in cable television and broadcast television networks; Music, consisting principally of interests in recorded music and music publishing; and Publishing, consisting principally of interests in magazine publishing, book publishing and direct marketing. Time-Warner Time Warner Entertainment Company, L.P. (TWE) was formed in 1992 to own and operate substantially all of the business of Warner Bros., Home Box Office and the cable television businesses owned and operated by Time Warner prior to such date. Currently, the Company, through its wholly owned warner, aol, time, internet, services, online, store, service, music, company, cable, includes, include, dsl, content, books, att, access, line, house, bros, verizon, web, provides, records, new, million, kids, home, entertainment, customers, connection, after, yahoo, wireless