AOL/Time Warner Facts
CBSNews.com compiled the following profiles of America Online Inc. and Time Warner Inc. — whose merger was approved by the Federal Communications Commission Thursday — based on materials from each company and reports filed with the Securities Exchange Commission:
Formed: 1985
Headquarters: Dulles, Virginia
CEO: Stephen M. Case, 42
Financials: Third quarter 2000 net income totaled $350 million up from $182 million for the same period, 1999. At that time, the company reported assets of $4.346 billion.
Board of directors (as of Sept. 30): Stephen M. Case, Daniel F. Akerson, James L. Barksdale, Frank J. Caufield, Miles R. Gilburne, Gen. Alexander M. Haig, Jr., Kenneth J. Novack, Robert W. Pittman, Colin L. Powell, Franklin D. Raines, Marjorie M. Scardino
Business groups: Interactive Services Group, Interactive Properties Group, AOL International Group, and Netscape Enterprise Group. Recently merged with Quack.com, Inc., iAmaze, Inc., LocalEyes Corporation and Prophead Development, Inc.
Top Stockholders: Janus Capital Corporation, Barclays Global Investors, Fidelity Management & Research, State Street Global Advisors, Vanguard Group, Inc, Smith Barney Asset Management, American Century Investment Mgmt., Legg Mason Inc., Deutsche Asset Management Americas, Lincoln Capital Management Co.
Formed: In 1989, Time Inc. and Warner Communications merged, and in 1996, Time Warner merged with Turner Broadcasting.
Headquarters: New York, N.Y.
CEO: Gerald M. Levin, 61
Employees: 68,799
Financials: Company reported 1999 revenues of $27.3 million.
Board of directors: Gerald M. Levin, J. Carter Bacot, Stephen F. Bollenbach, John C. Danforth, Gerald Greenwald, Carla A. Hills, Reuben Mark, Michael A. Miles, Richard D. Parsons, R.E. Turner, Francis T. Vincent, Jr.
Business groups: TBS Superstation, Turner Network Television, Cartoon Network, Turner Classic Movies, Turner South, TNT Europe, TNT Latin America, Atlanta Braves, Atlanta Hawks, Atlanta Thrashers, The Goodwill Games, CNN, CNN Headline News, CNN International, CNNfn, CNN/Sports Illustrated, CNN en Español, CNN Airport Network, CNNRadio, HBO, Cinemax, HBO en Español, Time, People, Sports Illustrated, Fortune, Life, Money, Parenting, In Style, Entertainment Weekly, Cooking Light, Baby Talk, Family Life, Media Networks Inc., Warner Bros. Pictures, Warner Bros. Television, Warner Bros. Animation, Looney Tunes, Hanna-Barbera, Castle Rock Entertainment, DC Comics, MAD Magazine, New Line Cinema, Atlantic Recording Corporation, Elektra Entertainment Group Inc., Rhino Entertainment Company, Warner Bros. Records Inc., Time Warner Cable.
BY JARRETT MURPHY
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