Business Services Industry
AOL, TWC do the high-speed dance.(Upfront: latest news and insight)(America Online Inc.)(Time Warner Cable)(Brief Article)
CED, March, 2005
America Online and Time Warner Cable have finally joined forces on a broadband service that will combine an AOL front end with high-speed connections from Road Runner.
Under the deal, between corporate cousins, AOL will handle the advertising and search applications for the new offering and the Road Runner portal. Time Warner Cable, in turn, will provide subscription billing and customer care, and provide an undisclosed share of subscription revenue to AOL.
Among the goals, the companies hope the move will beef up advertising and premium service revenues, and entice AOL's dial-up subs to migrate to broadband.
AOL and Time Warner Cable expect to introduce the new service "over the next several, months," according to company executives. ...
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