America Online News on Daylife

Comcast to buy controlling stake in NBC Universal

Thu, 03 Dec 2009 12:38:20 GMT

PHILADELPHIA - Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for $13.75 billion, giving the nation's largest cable TV operator control of the Peacock network, an array of cable channels and a major movie...
Source: Times Herald-Record

Comcast pounces for control of NBC Universal

Thu, 03 Dec 2009 12:22:20 GMT

Jay Leno may want to think twice the next time he cracks a joke about a cable guy.
Source: ABC News

Comcast, NBC announce $30 billion merger

Thu, 03 Dec 2009 11:50:12 GMT

Comcast and NBC Universal announced their much-anticipated $30 billion merger on Thursday morning, heralding a deal that would create a new entertainment powerhouse with a vast distribution network and a rich trove of television and movie programming.
Source: The Washington Post

Comcast pounces for control of NBC Universal

Thu, 03 Dec 2009 11:35:13 GMT

In agreeing to buy 51 percent of NBC Universal from General Electric Co. , which has controlled NBC since 1986, Comcast hopes to succeed in marrying distribution and content in a way Time Warner Inc. could not.
Source: 7Online.com

Comcast Lands NBCU in Deal That Reshapes Media

Thu, 03 Dec 2009 11:31:26 GMT

NEW YORK (Reuters) - Comcast Corp struck a deal to buy a majority stake in NBC Universal from General Electric Co, creating a media superpower that would control not just how TV shows and movies are made, but how they are delivered to the home.
Source: ABC News

Local Business Digest: General Growth gets debt restructured

Thu, 03 Dec 2009 07:36:27 GMT

CORPORATE LENDING General Growth gets debt restructured General Growth Properties said lenders have agreed to restructure about $9.7 billion in debt under a plan that will allow 92 of its properties to emerge from bankruptcy protection by the end of the...
Source: The Washington Post

AOL nixed from S&P 500

Thu, 03 Dec 2009 06:41:41 GMT

AOL Inc. was passed over for inclusion in the Standard & Poor's 500 Index, forcing fund managers who track the benchmark index to dump shares of the Internet pioneer.
Source: New York Post

Shaq Pays for N.C. Girl's Funeral

Thu, 03 Dec 2009 06:38:12 GMT

FAYETTEVILLE, N.C. (AP) -- NBA star Shaquille O'Neal paid for the funeral of a 5-year-old North Carolina girl after being moved by national news coverage of the case of Shaniya Davis, who police say was kidnapped and killed.
Source: Yahoo! Buzztracker

Quoted in 'Around the Net In Online Marketing: AOL Readies Its Robot News-Writing Army'

Mon, 30 Nov 2009 17:44:51 GMT

said in MediaPost.com:

AOL's plan also sounds very similar to Associated Content, a search-driven content mill run by Armstrong's former co-worker, Patrick Keane ... Armstrong also happens to be an investor in the site ... And earlier this year, AOL explored a purchase, sources say.

Quoted in 'Value Added: Catching up with the D.C. business world's titans of 1998'

Mon, 30 Nov 2009 05:00:00 GMT

Steve Case said in The Washington Post:

And at least half of them are based in D.C., like LivingSocial, SnagFilms. Clearspring has a number of AOL people

Photo from Reuters Pictures

Thu, 01 Oct 2009 20:49:19 GMT

AOL Chairman and CEO Tim Armstrong pauses during an interview at the Newseum in Washington, October 1, 2009.

Photo from Reuters Pictures

Thu, 01 Oct 2009 20:47:57 GMT

AOL Chairman and CEO Tim Armstrong speaks during an interview at the Newseum in Washington, October 1, 2009.

"America Online" - Telemarketer Prank Call

Mon, 17 Nov 2008 01:12:19 GMT