NEW YORK - AUGUST 06:  People walk past the Time Warner Center August 6, 2008 in New York City. Time Warner announced a second quarter profit drop of 26 percent on lower earnings mostly attributed to the AOL Internet unit, but beat Wall Streets expectations, The media comglomerate is reportedly considering breaking off its AOL divisions. Getty Images logo Getty Images 43 months ago

NEW YORK - AUGUST 06: People walk past the Time Warner Center August 6, 2008 in New York City. Time Warner announced a second quarter profit drop of 26 percent on lower earnings mostly attributed to the AOL Internet unit, but beat Wall Streets expectations, The media comglomerate is reportedly considering breaking off its AOL divisions.