NEW YORK - MAY 28: People stand near the AOL corporate headquarters on Broadway May 28, 2009 in New York City. Media titan Time Warner announced today that it is spinning off its AOL advertising-and-dial-up unit into a separate company. Getty Images logo Getty Images 6 months ago

NEW YORK - MAY 28: People stand near the AOL corporate headquarters on Broadway May 28, 2009 in New York City. Media titan Time Warner announced today that it is spinning off its AOL advertising-and-dial-up unit into a separate company.

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  1. AOL Chairman and CEO Tim Armstrong pauses during an interview at the Newseum in Washington, October 1, 2009. The interview is part of the first day of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  2. AOL Chairman and CEO Tim Armstrong speaks during an interview at the Newseum in Washington, October 1, 2009. The interview is part of the first day of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  3. AOL Chairman and CEO Tim Armstrong refers to one of his company's new 'patch' websites during an interview at the Newseum in Washington, October 1, 2009. The interview is part of the first day of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  4. Online voters selected the AOL Running Man as one of two favorite icons to be inducted in to the Madison Avenue Advertising Walk of Fame, beating out 25 other popular mascots, Advertising Week announced today. The Running Man joins previous winners, including Mr. Peanut, the Pillsbury Dough Boy, the Kool-Aid Man, and Colonel Sanders, on the Advertising Walk of Fame, located in New York City on Madison Avenue between 49th and 50th Streets. Additionally, the AOL Running Man will be recognized in the Advertising Icon Museum. This year also marks the 13th birthday of the AOL Running Man.
  5. News of AOL cutting 2,500 jobs is seen on an electronic news ticker in New York, November 19, 2009. Web company AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of its planned spin-off from Time Warner Inc.
  6. A woman walks out of AOL offices in New York, November 19, 2009. AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of the Internet company's planned spin-off from Time Warner Inc. The struggling Web pioneer, which is now focused primarily on advertising-supported content, said on Thursday that it would start with a volunteer buyout program and move on to involuntary layoffs if enough workers do not step up.
  7. The AOL logo is seen on the outside of the building housing the companies corporate headquarters in New York in this May 28, 2009 file photo. Web company AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of its planned spin-off from Time Warner Inc.
  8. Jeff Bewkes (C), Chairman and CEO of Time Warner, departs after an interview at the Newseum in Washington, October 2, 2009. The interview was part of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  9. Jeff Bewkes, Chairman and CEO of Time Warner, gestures during an interview at the Newseum in Washington, October 2, 2009. The interview was part of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  10. Jeff Bewkes, Chairman and CEO of Time Warner, smiles during an interview at the Newseum in Washington October 2, 2009. The interview was part of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  11. CHARLOTTE, NC - DECEMBER 01: Kevin Garnett #5 of the Boston Celtics reacts to a referee against the Charlotte Bobcats during their game at Time Warner Cable Arena on December 1, 2009 in Charlotte, North Carolina.
  12. CHARLOTTE, NC - DECEMBER 01: Ray Allen #20 of the Boston Celtics smiles against the Charlotte Bobcats during their game at Time Warner Cable Arena on December 1, 2009 in Charlotte, North Carolina.
  13. CHARLOTTE, NC - DECEMBER 01: Head coach Larry Brown of the Charlotte Bobcats complains to a referee against the Boston Celtics during their game at Time Warner Cable Arena on December 1, 2009 in Charlotte, North Carolina.
  14. CHARLOTTE, NC - DECEMBER 01: Head coach Doc Rivers of the Boston Celtics reacts to a call against the Charlotte Bobcats during their game at Time Warner Cable Arena on December 1, 2009 in Charlotte, North Carolina.
  15. CHARLOTTE, NC - DECEMBER 01: Rajon Rondo #9 and head coach Doc Rivers of the Boston Celtics watch on against the Charlotte Bobcats during their game at Time Warner Cable Arena on December 1, 2009 in Charlotte, North Carolina.

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  1. RNPS IMAGES OF THE YEAR 2009 MEA - A flag-waving supporter of Christian politician Samir Geagea and his "March 14" coalition celebrates after the coalition won in Lebanon's parliamentary election, June 7, 2009. An anti-Syrian coalition, known as "March 14", defeated the "March 8" alliance composed of Hezbollah and its allies in Lebanon's parliamentary election on Sunday, politicians on both sides said.
  2. Former Montreal Canadiens hockey players Ken Dryden minds the net during the Canadiens 100th anniversary ceremony in Montreal December 4, 2009.
  3. RNPS IMAGES OF THE YEAR 2009 MEA - U.S. President Barack Obama is given a tour of the Great Pyramids of Giza while in Cairo June 4, 2009.
  4. RNPS IMAGES OF THE YEAR 2009 MEA - Israel's Likud party leader Benjamin Netanyahu (C) attends the funeral of Rabbi Avraham Ravitz in Jerusalem January 26, 2009. Ravitz was the chairman of Degel Hatorah Jewish religious party in Israel's parliament. He suffered from a heart condition and died on Monday at the age of 75.
  5. BARCELONA, SPAIN - DECEMBER 04: Marilyn Manson performs in a tent outside of the Lluis Companys Stadium on December 4, 2009 in Barcelona, Spain.
  6. BARCELONA, SPAIN - DECEMBER 04: Radek Stepanek of Czech Republic returns a shot to David Ferrer of Spain during the second match of the Davis Cup final at the Palau Sant Jordi stadium on December 4, 2009 in Barcelona, Spain.
  7. LAS VEGAS - DECEMBER 04: Lorrianne Mesina and other employees arrive at the grand opening of Mandarin Oriental, Las Vegas at CityCenter December 4, 2009 in Las Vegas, Nevada. The 47-story nongaming luxury hotel and condominium tower is the third part of the 67-acre, USD 8.5 billion mixed-use urban development center to open. The joint project between MGM Mirage and Dubai World is said to be the biggest privately financed construction project in United States history and one of the world's largest green projects being built with the Leadership in Energy & Environmental Design (LEED) Gold certified Green Building Rating System.
  8. BARCELONA, SPAIN - DECEMBER 04: Radek Stepanek of Czech Republic returns a shot to David Ferrer of Spain during the second match of the Davis Cup final at the Palau Sant Jordi stadium on December 4, 2009 in Barcelona, Spain.
  9. LAS VEGAS - DECEMBER 04: Recording artist Vanessa-Mae attends the grand opening of Mandarin Oriental, Las Vegas at CityCenter December 4, 2009 in Las Vegas, Nevada. The 47-story nongaming luxury hotel and condominium tower is the third part of the 67-acre, USD 8.5 billion mixed-use urban development center to open. The joint project between MGM Mirage and Dubai World is said to be the biggest privately financed construction project in United States history and one of the world's largest green projects being built with the Leadership in Energy & Environmental Design (LEED) Gold certified Green Building Rating System.
  10. LAS VEGAS - DECEMBER 04: Recording artist Vanessa-Mae attends the grand opening of Mandarin Oriental, Las Vegas at CityCenter December 4, 2009 in Las Vegas, Nevada. The 47-story nongaming luxury hotel and condominium tower is the third part of the 67-acre, USD 8.5 billion mixed-use urban development center to open. The joint project between MGM Mirage and Dubai World is said to be the biggest privately financed construction project in United States history and one of the world's largest green projects being built with the Leadership in Energy & Environmental Design (LEED) Gold certified Green Building Rating System.
  11. Swiss racer Didier Defago, center, the second-place finisher in the men's World Cup super combined ski race, reaches out to celebrate with winner Carlo Janka, right, also of Switzerland, and third-place finisher Croatia's Natko Zrncic -Dim, left, in the finish area after the race on Friday, Dec. 4, 2009, in Beaver Creek, Colo.
  12. Croatia's Natko Zrncic -Dim celebrates after his third-place finish in the men's World Cup super combined ski race on Friday, Dec. 4, 2009, in Beaver Creek, Colo.
  13. David Ferrer of Spain, left, reacts whith his coach Albert Costa after winning the match against Radek Stepanek of Czech Republic during the second single match of the Davis Cup tennis Final match at Sant Jordi stadium in Barcelona, Spain, on Friday, Dec. 4, 2009. Ferrer won 1-6, 2-6, 6-4, 6-4, 7-6.
  14. David Ferrer of Spain reacts after winning against Radek Stepanek of Czech Republic during the second single match of the Davis Cup tennis Final at Sant Jordi stadium in Barcelona, Spain, on Friday, Dec. 4, 2009. Ferrer won by 1-6, 2-6, 6-4, 6-4, 7-6.
  15. Radek Stepanek of Czech Republic reacts against David Ferrer of Spain during the second singles match of the Davis Cup tennis Final match at Sant Jordi stadium in Barcelona, Spain, on Friday, Dec. 4, 2009. Ferrer won 1-6, 2-6, 6-4, 6-4, 7-6.
  16. Radek Stepanek of Czech Republic reacts against David Ferrer of Spain during the match against during the second single match of the Davis Cup tennis Final match at Sant Jordi stadium in Barcelona, Spain, on Friday, Dec. 4, 2009. Ferrer won 1-6, 2-6, 6-4, 6-4, 7-6.