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Case to Step Down from AOLTW

michael posted more than 11 years ago | from the first-rat-to-flee dept.

America Online 252

squiggleslash writes "Reuters is reporting that Steve Case, the CEO of AOL Time Warner, is resigning, to be effective in May. He'll still be part of AOLTW but as a director responsible for joint strategy. There have been various moves afoot to oust the man who masterminded AOL's takeover of the media giant: the Time Warner part of the partnership wants control whereas Case came from the loss making super-ISP. Case quitting could be bad news for technologists given the current battles between content providers like Time Warner and the Internet and computer industries."

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252 comments

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fp, no, no fp (0)

Anonymous Coward | more than 11 years ago | (#5069519)

nice troll there, http://www.arklinux.org/support.php [arklinux.org] ! who would have guessed!

who would've guessed (-1, Troll)

Anonymous Coward | more than 11 years ago | (#5069528)

that noone other than matthew havener is the poster of that shit, fuck you caffeinesugarush from AIm

Re:fp, no, no fp (0, Offtopic)

stevejsmith (614145) | more than 11 years ago | (#5069549)

I'm confused, how'd they do that?

HAHAHAHAHA (2, Funny)

WolfgangFlur (640062) | more than 11 years ago | (#5069707)

Hmm, that site looks pretty secure, huh? ;) Are they running IIS? Anyway, I guess "easy to use" and "secure" are mutually exclusive over at Ark.

Re:fp, no, no fp (0)

Anonymous Coward | more than 11 years ago | (#5069784)

hmm, it seems to be fixed now. WTF was that?

Dot dot dot... (-1, Offtopic)

stevejsmith (614145) | more than 11 years ago | (#5069521)

2003-01-13 00:46:11 Steve Case to step down as AOL Time-Warner CEO (articles,aol) (rejected)

You know, not that I feel any animosity towards you or anything...







fucking piece of shit

Re:Dot dot dot... (-1, Offtopic)

Anonymous Coward | more than 11 years ago | (#5069534)

I gave up submitting articles a long time ago

Re:Dot dot dot... (0)

utdpenguin (413984) | more than 11 years ago | (#5069537)

No wodner yuo got beat! Your submission is dated tomorrow. It hasnt even been read yet!!! :) :)

Re:Dot dot dot... (1)

squiggleslash (241428) | more than 11 years ago | (#5069544)

Hehe ;)

When I started writing the submission, the Yahoo article I linked to said "7 minutes ago" as the date.

Re:Dot dot dot... (-1, Offtopic)

Picass0 (147474) | more than 11 years ago | (#5069571)


I don't submit anything. I used to submit stories, only to have them shot down by that FUCKING COCKSUCKER Timothy. But I'm not bitter.

Re:Dot dot dot... (0)

Anonymous Coward | more than 11 years ago | (#5069612)

wow, you are like super bitter. The other dude probably just posted it before you, so they accept his and reject yours for whatever the reason may be. I mean its not like you get money or something if your story gets accepted. I've posted maybe 6 stories ever, one was accepted, but not front page, and one was quoted on someone else's accepted story of the same thing. There must be some reason that you were rejected and not someone else. Stop acting like a 2 year old. I'm sure you have a lot better things to do with your time than whine.

Re:Dot dot dot... (1, Redundant)

stevejsmith (614145) | more than 11 years ago | (#5069644)

I'm sure you have a lot better things to do with your time than whine.

You'd think that, wouldn't you?

Re:Dot dot dot... (3, Informative)

zapfie (560589) | more than 11 years ago | (#5069694)

It was probably because Case is not the CEO of AOLTW, he is the Chairman of the Board [aoltimewarner.com] .

The CEO is Richard D. Parsons [aoltimewarner.com] .

Re:Dot dot dot... (0)

Anonymous Coward | more than 11 years ago | (#5069763)

I doubt that was the reason, as the poster that did get the article submitted also states that Case was the CEO and not the Chairman like the article says.

Re:Dot dot dot... (1)

squiggleslash (241428) | more than 11 years ago | (#5069774)

Yeah, but I made the same mistake as stevejsmith! Look above!

(I'm trying to figure out how too. I actually tried fact checking the thing before posting it - the original draft had case quitting AOLTW - but somehow must've had CEO and Chairman mixed up in my brain somewhere. Oh and it's not my headline, mine was something like Case Isn't AOLTW CEO or something.)

Re:Dot dot dot... (1)

squiggleslash (241428) | more than 11 years ago | (#5069798)

Oh wait, it was:

2003-01-12 23:59:17 Case Not AOL CEO (articles,aol) (accepted)

So I guess I was right in the headline ;)

Bout damn time (0)

Anonymous Coward | more than 11 years ago | (#5069522)

Its definitly about time that loser quite. Doesnt he have enough money yet?

Re:Bout damn time (2)

macdaddy357 (582412) | more than 11 years ago | (#5069846)

If there is any more loot left in the hold, then it's not time to leave the sinking yet. The best corporate raiders always take it all. Rats leave a shinking ship. Watch for a rash of resignations at AOLTW.

I thought... (1)

bahwi (43111) | more than 11 years ago | (#5069531)

they gave up on the case for AOL along time ago...

AOL Call Alert (0)

Anonymous Coward | more than 11 years ago | (#5069897)

AOL Call alert.

correction (5, Informative)

keefeg (178706) | more than 11 years ago | (#5069538)

Actually Steve Case is chairman, Dick Parsons is the CEO.

Hello (-1, Troll)

Want Some Shoes (640625) | more than 11 years ago | (#5069674)

Do you want some shoes? They're free!

Re:Hello (-1, Offtopic)

Anonymous Coward | more than 11 years ago | (#5069803)

I want some shoes. Email me @ slashdot.5.spamme23@spamgourmet.com [mailto] (a spam-proof email address, but quite real). I want those fucking shoes.

Are they GPL (0)

Anonymous Coward | more than 11 years ago | (#5069840)

If they're not the GPL "Free" I don't want your fucking shoes. I only wear Open Source shoes. Now where did I put my sheet of Acid?

right (0)

Anonymous Coward | more than 11 years ago | (#5069807)

Your right, Steve Case was the Chairman. Although he used to be the CEO of America Online. Jerald Levin was the CEO of AOLTW awhile back through the merger, while Case took the laid back chairman role. Now all they have to do is get rid of Parsons and they will be in for some serious business. I liked Case, but I don't like Parsons. Someone from Netscape should be Chairman. That's just my 2 cents.

Re:right (1)

jmauro (32523) | more than 11 years ago | (#5069933)

Is there anyone in mangement left from Netscape? I thought all of them left a long, long time ago.

leaving handshake (5, Funny)

Anonymous Coward | more than 11 years ago | (#5069541)

hope he gets a truck full of AOL cds

not the first post! (-1, Troll)

Anonymous Coward | more than 11 years ago | (#5069542)

i am god. the reason i am god is because i did, in fact, not make the first post in this thread. while you may not see this as enough evidence for me to be god, that's why i'm the god and not you.

this mean no more cds in the mail? (0)

Anonymous Coward | more than 11 years ago | (#5069552)

this mean no more cds in the mail?

Wookie! (-1, Offtopic)

Anonymous Coward | more than 11 years ago | (#5069555)

Wookie Love! [wookielove.net]

Re:Wookie! (-1, Troll)

Anonymous Coward | more than 11 years ago | (#5069733)

Correction: spelt Wookiee.

Stock price (2, Funny)

PtM2300 (546277) | more than 11 years ago | (#5069557)

Perhaps now I can regain some of the money I lost in the freaking stock of AOL!

you invested in AOL!? (0, Troll)

SHEENmaster (581283) | more than 11 years ago | (#5069620)

Isn't that as bad as investing in M$? You are betting on the other (pathetic) team!

Re:you invested in AOL!? (0)

Anonymous Coward | more than 11 years ago | (#5069678)

Considering our (your) team apprently doesn't believe in profit, or at least doesn't know how to achieve it, I think it would be pretty wise to bet on any company that doesn't claim to support OSI.

fuck that I invested in VA (1, Interesting)

Anonymous Coward | more than 11 years ago | (#5069818)

Screw that shit, I lost $1000 in VA Linux Systems. Another problem with them is they should have remained VA Research. The name sounds better :)

In more shocking news (5, Funny)

Anonymous Coward | more than 11 years ago | (#5069559)

Ted Turner announced, with the help of wrestlers Hollywood Hulk Hogan, Kevin Nash and Scott Hall, from his former wrestling organization (World Championship Wrestling), a "New World Order" (nWo) would be taking over AOL-TW, and there's not a damn thing anybody can do about it. Turner finished his press conference by saying "You're either with us, or you're against us, and you don't want to be against us."

Re:In more shocking news (1)

WolfgangFlur (640062) | more than 11 years ago | (#5069720)

In the immortal words of Rick Flair, "Whoooooooo!!!!!!" hahahahaha

CNET mentions this too. (4, Informative)

antdude (79039) | more than 11 years ago | (#5069566)

Here [com.com] .

Free Media - CNN doesn't report things like these? (-1, Offtopic)

Anonymous Coward | more than 11 years ago | (#5069574)



U.S. Decision On Iraq - How Policy Was Set [washingtonpost.com]

By Glenn Kessler Washington Post Staff Writer (Sunday, January 12, 2003; Page A01)

On Sept. 17, 2001, six days after the attacks on the World Trade Center and the Pentagon, President Bush signed a 21/2-page document marked "TOP SECRET" that outlined the plan for going to war in Afghanistan as part of a global campaign against terrorism. Almost as a footnote, the document also directed the Pentagon to begin planning military options for an invasion of Iraq, senior administration officials said.
The previously undisclosed Iraq directive is characteristic of an internal decision-making process that has been obscured from public view. Over the next nine months, the administration would make Iraq the central focus of its war on terrorism without producing a rich paper trail or record of key meetings and events leading to a formal decision to act against President Saddam Hussein, according to a review of administration decision-making based on interviews with more than 20 participants. Instead, participants said, the decision to confront Hussein at this time emerged in an ad hoc fashion. Often, the process circumvented traditional policymaking channels as longtime advocates of ousting Hussein pushed Iraq to the top of the agenda by connecting their cause to the war on terrorism.
With the nation possibly on the brink of war, the result of this murky process continues to reverberate today: tepid support for military action at the State Department, muted concern in the military ranks of the Pentagon and general confusion among relatively senior officials -- and the public -- about how or even when the policy was decided.............

Read the full article here - How U.S. Policy On Iraq Was Set [washingtonpost.com]

it's about time (-1, Offtopic)

Anonymous Coward | more than 11 years ago | (#5069577)

go back to selling dishwashing soap, you dweeb!

A little late in the game (-1, Troll)

TerryAtWork (598364) | more than 11 years ago | (#5069582)

This guy brought more assholes to the internet than everyone else put together.

Good riddence.

Re:A little late in the game (1)

small_dick (127697) | more than 11 years ago | (#5069635)

i thought bill gates did that.

Re:A little late in the game (1)

Penguin Follower (576525) | more than 11 years ago | (#5069734)

I was inclined to think it a 50/50 split :)

Re:A little late in the game (0)

Anonymous Coward | more than 11 years ago | (#5069653)

This guy brought more assholes to the internet than everyone else put together.

Including yourself my surley little friend.

Re:A little late in the game (2, Informative)

Anonymous Coward | more than 11 years ago | (#5069664)

You say that now, but I'm willing to bet many American users of the Internet got their start using AOL. Hell, I'm sure quite a few slashdotters went that route as well (perhaps even yourself).

Whether you want to admit it or not, AOL has helped make the Internet a mainstream thing, which in itself is a social revolution simply because of the implications. I'm sure it would have become this way eventually even without AOL, but it would have taken considerably longer and maybe not be as collossal as it is today.

Another thing: without bringing in mainstream users to the Internet (including this group of 'assholes' you speak of), online businesses like eBay, Amazon.com, etc. would most likely not flourish because, uhm, they wouldn't have anyone to sell stuff to (or for).

Re:A little late in the game (1)

lonedfx (80583) | more than 11 years ago | (#5069832)

I don't know... personally I think that without AOL, the internet might indeed have taken some more time to mature. AOL introduced the idea in the US that there were those millions of people who would just buy anything online, and the idea was then exported to europe as part of AOL (and lookalikes) expanding there. Problem is the notion just wasn't true. This is a part (only a part of course, but a part nonetheless) of what led to the dot bomb and the current situation.

Of course we can never know how something would have been.

Note that I'm not saying AOL is bad necessarily, just that the good it did to the internet is sort of offset by the bad it's bring.

lone, dfx.

Re:A little late in the game (5, Funny)

jjoyce (4103) | more than 11 years ago | (#5069836)

You say that now, but I'm willing to bet many American users of the Internet got their start using AOL.

Me too!

Re:A little late in the game (3, Funny)

DAldredge (2353) | more than 11 years ago | (#5069665)

Steve Case is responsible for /.?

Re:A little late in the game (3, Funny)

Jeremiah Cornelius (137) | more than 11 years ago | (#5069675)

Reminds me of the bon mote that circulated around '94, when AOL's new gateway turned the newsgroups into "all the Biff, all the time..."

'USENET used to be smart people in front of dumb-terminals, now it's dumb people in front of smart-terminals.'

BIFF: " HOW DO I LOOK AT THE PICTURES ON MY HARD DRIVE?"

Re:A little late in the game (2, Funny)

tealover (187148) | more than 11 years ago | (#5069676)

Good riddence

Let me guess. You brought all the bad spellers.

Re:A little late in the game (2)

CatWrangler (622292) | more than 11 years ago | (#5069682)

Remember when people thought he might be a counter balance to Bill Gates? While not a fan of his, or his crappy software, at least it was another option.

Re:A little late in the game (5, Insightful)

n3rd (111397) | more than 11 years ago | (#5069686)

This guy brought more assholes to the internet than everyone else put together.

One of the most impressive knee-jerk reactions I've seen in a while. Quite frankly you almost sound like one of them...

First, how is it his fault? Is it Ford's fault for bringing bad drivers onto the road because of mass production of automobiles? If so wouldn't this be an effect of mass production and marketing rather than from a single man?

Second, your view sounds rather elitest. If there hadn't been AOL the Internet would only be populated with geeks that just talk about computers and Sci-Fi.. How fun would that be and what would the results be? No chicks on web cams, no online news sites due to small demand and no online stores due to no demand. And again, no chicks with webcams.

Perhaps you just choose the wrong word, but I generally find snobby "holier than thou" geeks to be larger assholes than the everyone else.

Come on back down to Earth my friend.

CNBC's "The Big Heist" (5, Interesting)

afabbro (33948) | more than 11 years ago | (#5069592)

CNBC ran a show last night called "The Big Heist: How AOL Took Time Warner". Good one-hour program that went over the history of the deal and personalities involved, with interviews with leading industry figures. It's their first original content production so I'm sure it'll be on again.

Re:CNBC's "The Big Heist" (5, Funny)

Anonymous Coward | more than 11 years ago | (#5069633)

I can't understand why CNN wouldn't produce a show like that...

Next week, "Microsoft's Monopolistic Practices" on MSNBC...

Re:CNBC's "The Big Heist" (1)

MrP- (45616) | more than 11 years ago | (#5069717)

Insightful? The original poster said the show was on CNBC, or Cable NBC... NBC, not CNN.

Re:CNBC's "The Big Heist" (0)

Anonymous Coward | more than 11 years ago | (#5069731)

CNBC.... I wonder who is an investor in them. Maybe Microsoft? I am sure they have nothing to gain by negative press.

Just like the Washington Post who started pinging on AOL awhile back... another Microsoft partner.

We have seen it before with Microsoft. Bad press to get rid of the competition... FUD anyone?

Now, AOLTW isn't perfect, but they are not the evil empire. History shows that must mergers take 7 years to complete and become successful. This merger just finished its second year.

Look at the financials of the company and see where the bulk of the money comes from... AOL. They are the only division that has cash flow of any magnitude.

Re:CNBC's "The Big Heist" (0)

Anonymous Coward | more than 11 years ago | (#5069898)

There is no conspiracy here, AOL+TW was just a stupid merger, and even AOL admits that. And CNBC is owned by NBC which is owned by GE, who is a partner with Microsoft with MSNBC. Still, no conspiracy, just common sense.

Re:CNBC's "The Big Heist" (3, Informative)

GeorgeH (5469) | more than 11 years ago | (#5069757)

Tivo says it will be on tonight at 9:00 pm EST (now), tonight at midnight and then Monday the 20th at 6:00 pm EST.

ME TOO! [nt] (-1, Offtopic)

Anonymous Coward | more than 11 years ago | (#5069607)

[no text]

AOL-TW (5, Insightful)

Synithium (515777) | more than 11 years ago | (#5069625)

AOL failed because the online advertising industry failed. After they owned this giant media company they resolved to putting even more annoying AOL commercials on TW's network and failed miserably (you can't make money off yourself). All in all I can't say I'm surprised by this move, it's long overdue.

bring back Ted Turner... (3, Troll)

DarthWiggle (537589) | more than 11 years ago | (#5069628)

So my beloved Atlanta Braves can get some real funding again... *sigh*

Oh, yeh, and because he might inject some business sense into that unfathomable catastrophe of a company.

Ted Turner and Jane Fonda (0)

Anonymous Coward | more than 11 years ago | (#5069806)

Jane Found God!
Ted found out it wasnt him!
So they broke up!!

Re:bring back Ted Turner... (2)

DAldredge (2353) | more than 11 years ago | (#5069811)

Sorry. Ted Turner was too busy suing people to get them off his/their land to help at AOL/TW.

http://www.thestate.com/mld/thestate/3874857.htm

He also has to come up with the 1,000,000,000 USD he promised the UN. So don't expect him to be much help...

Re:bring back Ted Turner... (2)

DarthWiggle (537589) | more than 11 years ago | (#5069900)

He also has to come up with the 1,000,000,000 USD he promised the UN.

That's probably because Steve Case sucked him dry by destroying the market value of the stocks he held.

Hrm... Maybe Ted should sue Steve...

"Hi Steve, you've got jail."

Re:bring back Ted Turner... (0)

Anonymous Coward | more than 11 years ago | (#5069925)

That's old news. Ted gave up the fight and turned over his claims to the land.

The 1B donation is a good reason for Ted to get back control. A large portion of his wealth is in AOL/TW stock. If he can turn the company around, he makes $$$$$$.

Maybe... (1)

dethl (626353) | more than 11 years ago | (#5069634)

AOL won't suck anymore? Nah...

How can this be bad for computers? (1)

shaitand (626655) | more than 11 years ago | (#5069640)

Degrading privacy and lousy policy at AOL is only bad for AOL. After all when all those people start moving to local ISP's in droves it will bring their IQ's up a notch ;)

The Devil you know... (0)

Anonymous Coward | more than 11 years ago | (#5069654)

vs. the one you don't.

If Warner has its way (5, Interesting)

yerricde (125198) | more than 11 years ago | (#5069842)

This will be bad for consumers. Currently, AOL has control over TW. But if the TW side grows more powerful, and Warner gains control over the Internet access of 30 Million Worldwide Members(tm), then Warner can use them as pawns in the battle for DMCA II [digitalconsumer.org] and Bono Act II [baen.com] in the USA and EU legislatures.

Article in case of slashdotting (0)

Anonymous Coward | more than 11 years ago | (#5069642)

squiggleslash writes "Reuters is reporting that Steve Case, the CEO of AOL Time Warner, is resigning, to be effective in May. He'll still be part of AOLTW but as a director responsible for joint strategy. There have been various moves afoot to oust the man who masterminded AOL's takeover of the media giant: the Time Warner part of the partnership wants control whereas Case came from the loss making super-ISP. Case quitting could be bad news for technologists given the current battles between content providers like Time Warner and the Internet and computer industries."

Click Here! Click Here!

I just saw an AOL commercial (5, Funny)

long_john_stewart_mi (549153) | more than 11 years ago | (#5069670)

I just saw AOL's new marketing plan:
AOL is easier than ever. In fact, the hardest part about learning to use AOL is telling your parents you're gay.

Re:I just saw an AOL commercial (-1, Offtopic)

Metallic Mongoose (147944) | more than 11 years ago | (#5069810)

Someone mod this bit of homophobic rubbish down. Please.

Sucka MC! (0)

Anonymous Coward | more than 11 years ago | (#5069935)

Ha ha! Us tr0lls have 0wn3z the moderation system! That's why he's +4 Funny and you're at -1. Now bend over.

A round of applause is in order (5, Insightful)

Amsterdam Vallon (639622) | more than 11 years ago | (#5069671)

You know what, this guy brought the very Internet that we have all grown to know and love to the homes of millions of Americans.

He's helped all of us programmers, system administrators, and consultants earn more by adding substantially to our customer base. More computer users means more of a market for computer experts like all of us.

I only wish they would keep him around a bit longer. Sure, they waste some CDs and packaging material, but all in all they've done us a great amount of good.

Re:A round of applause is in order (2, Insightful)

timster (32400) | more than 11 years ago | (#5069844)

Your logic is flawed. You're saying:

Millions of Americans USED AOL to connect to the Internet, therefore, these people would not have used the Internet otherwise.

Compare:

It's a damn good thing for the Albertson's on the corner; since I bought a lot of food from them, if they hadn't been there, I would have starved.

Without AOL those millions would have gone somewhere else. Case doesn't deserve credit for being the lucky one.

Re:A round of applause is in order (1)

Nameles (122260) | more than 11 years ago | (#5069894)

Was the Albertson's on the corner sending you a flyer for their store weekly for 3 years?

A lot of people STILL don't know of an internet outside of AOL. The original post still rings true.

Looks like... (5, Funny)

Quaoar (614366) | more than 11 years ago | (#5069677)

...AOL's $22.95 a month was too much even for him.

Re:Looks like... (1)

DarthWiggle (537589) | more than 11 years ago | (#5069914)

Well, maybe he can apply that $22.95/mo to buying back shares of AOL... Let's see, that's about 19 shares/year @14.50/share.

Foo... he's got some work to do.

... and in chat-room after chat-room (3, Funny)

slaker (53818) | more than 11 years ago | (#5069684)

(AP) Across the nation, child molesters, kiddie-porn addicts, NAMBLA Members, Catholic Priests and other pederasts dropped their pants in a moment of tribute as Steve "The Great Enabler" Case announced his resignation from AOL Time-Warner (AOLTW) today.

Said shavedbi_86, a dude who pretends to be a chick in various online forums, as he dropped trou in an internet cafe in downtown Bangor, Maine: "Man, [Steve Case]... damn. I dunno where else I'd be able to indulge my recurring fantasies of having a minor female cross state lines to have lesbian intercourse with me, if it weren't for AOL. Under [Steve Case's] guidance, AOL has grown from a small, regional communication system for perverts in Virginia, to an international hub for child pornography. God bless you Mr. Case!"

Law enforcement officials were also quick to comment. "Although some are quick to judge AOL for its congregation of sexual predators, we'd like to applaud Mr. Case for the family-friendly nature of his service. I myself enjoy the occasional meeting in an AOL chat room, knowing that I can trade porno in peace and security, guarded by the AOL Terms of Service from any foul-mouthed, anti-social behavior in its chat rooms", said Mr. A------t, a justice department official, on condition of anonymity.

Said president George Bush, upon hearing of the resignation: "Whad'ya mean it's pronounced New-CLEE-er?"

Other famous Americans, including Bugs Bunny and Superman, also expressed regret at Mr. Case's resignation.

Mr. Case, who now prefers to be called simply "Heather", could not be reached for comment.

Re:... and in chat-room... (WITH PIC!) (2)

$$$$$exyGal (638164) | more than 11 years ago | (#5069852)

Typical AOL user pic: here [insanepictures.com] . Apologies to those that if seen this pic 8,300 times (and apologies to those that are seeing this pic for the first time ;-)).

--girls [slashdot.org]

As users get smarter, they get some other ISP. (5, Insightful)

Futurepower(R) (558542) | more than 11 years ago | (#5069691)


Under Steve Case, AOL was a company that took advantage of its customer's ignorance. Under Steve Case, pushed its customers in every way possible to get money from them.

Someone said, "AOL was founded on the idea that users of the Internet need training wheels to get started." Using AOL says, "I don't have any friends who understand computers." As users get smarter, they realize they don't need AOL.

Swallowing Time-Warner was a way of bailing out from a company on the way down, at the last moment possible.

People who are motivated by nothing but money reduce the quality of our lives, and, unfortunately, we don't have sophisticated social responses against this kind of abuse.

Re:As users get smarter, they get some other ISP. (5, Insightful)

LostCluster (625375) | more than 11 years ago | (#5069753)

AOL, Prodigy, Compuserve, and GEnie were there first. In the early 1990s, before the Internet became popular as it was today, being on to any of those four services was the geeky place to be. Eventually, the Internet got the WWW, and eventually there was enough good content on the WWW that it became a better and less expensive way of doing things. GEnie was shutdown by GE, Prodigy converted itself into just another national ISP and after some ownership changes is now going by the name "SBC Yahoo", and CompuServe sold out to AOL and now looks more like an AOL clone than its former self. AOL is a relic from a past era that somehow made it to a world where the Internet is king.

Steve's a good man (5, Interesting)

Anonymous Coward | more than 11 years ago | (#5069695)

Everyone should get off Steve's case (no pun intended). He (with the help of many coworkers) made going online a lot easier for MILLIONS of people. When's the last time you helped MILLIONS of people? Anyway, I'm sorry to see him go. I would have loved to watch Gates and him slug it out for years to come. That would have been real entertainment.

Screw up a merger and get rich (4, Insightful)

Teckla (630646) | more than 11 years ago | (#5069697)

The funny thing (not in a "ha ha" way) is, he architected a fantastic failure of a merger, and will walk away a bajillionaire for having screwed up.

-Teckla

Another tech stock bites the dust... (5, Insightful)

LostCluster (625375) | more than 11 years ago | (#5069709)

Has anybody thought how AOL and Time Warner stocks would have performed had the two not been married? AOL would be crashing to the point of near-zero, while Time Warner would still be hanging out with Viacom, News Corp., Disney, and the other content providers who have writen off most of their .com operations long long long ago.

The origninal Time Warner shareholders got the shaft, as they now have to absorb AOL's downfall, while the AOL shareholders got the nice liferaft ending up with shares of Time Warner instead of another useless tech stock. Time Warner's shareholders are not happy, and they want their company back now...

not so fast... (0)

Anonymous Coward | more than 11 years ago | (#5069927)

It's not like TW's assets are gold or something. The three media companies you listed aren't exactly booming right now, and I don't think the comparison with TW is fair either. TW was more of a cross between CHTR or ADEL and DIS with its cable assets and its ownership of the Atlanta Braves.

Also, I really doubt that AOL would be bankrupt or even close. Their bread and butter business, selling dialup service, is and always will be profitable. They expanded into the wrong places, that's why they got slaughtered.

Lesser of two evils (3, Interesting)

Anonymous Coward | more than 11 years ago | (#5069723)

AOL wasn't good per se for the diversity of the internet and technical advancements, but giving the reins of the world's largest ISP to TimeWarner, a media company that has ties to organisations such as the RIAA has to be a step backwards.

Imagine the RIAA and TimeWarner controlling AOL (to some extent, at least), thus controlling the internet experience and online-purchasing abilities of a significant fraction of internet surfers.

Granted 'we' dislike AOLers ... "My computer says I have mail, but the mailman hasn't come yet!" ... but when they represent a large proportion of surfers, they are the ones that large corporations will want to target, and this move seems to increase their chances of doing so.

So, what's the solution?

VOTE RMS for AOL/TimeWarner CEO!!!

Give the guy a break (3, Funny)

timeOday (582209) | more than 11 years ago | (#5069730)

Okay, he made a little boo-boo and his pointless merger will cost investors quite a few billion dollars. But that's hardly cause to slap him down to Joint Strategist. What does a Join Strategist make, anyways, a few dozen million dollars per year? Yeah, I know the company is losing money, but we all make mistakes and a guy has to eat and keep the bar in his Leerjet stocked.

Case Out - Turner In - YAY! (2, Insightful)

Stoptional (469673) | more than 11 years ago | (#5069735)

Case quitting is only **Good News**. He hobbled millions of people's development by promoting a fluffy, saccharine-coated, "HEY - you really ARE an idiot", mindless piece of trash. Sort of like what Disney did for the classics :-) Have you actually watched an AOL commercial lately?

Steve Case did no one any favors, except maybe himself, and neither did the guy with the six-foot rat icon.

Sounds Like Enron (-1, Offtopic)

as400as2 (560825) | more than 11 years ago | (#5069754)

Hey when you are done slashdotting, check out the hot chics at Pajonet.com [pajonet.com]

New babes added daily to the upstate New York hot or not contest!

Cmon check it out!

wow (5, Interesting)

Anonymous Coward | more than 11 years ago | (#5069765)

There's a lot of animosity here. We seem to hate Case and AOL even more than we hate Bill and M$. Wow, that seems hard to believe! Do we care that the popularization of the Internet, in part due to AOL's training wheels, has helped make companies like Redhat and Mandrake successful? Or maybe we hate them too?

Steve Case's new Job (1)

linuxislandsucks (461335) | more than 11 years ago | (#5069780)

In other related news

Steve Case announced his new CEo job as CEO of Case Tractors..his first act put training wheels on all tractors..

Inevitable (5, Insightful)

moankey (142715) | more than 11 years ago | (#5069781)

They have been gunning for his since day one. Entertainment biz has a entirely different culture than Internet/Technology. Where at AOL he was viewed as a god, at Time Warner he was a loud mouth, blunt speaking, jerk of sorts.
It also doesnt help that he helped reduce many Time Warner execs, pensions, and people stocks at Time Warner from something in the 50's per share to its current 14 per share. Including helping Ted Turner turn his fortune from $8 billion to $2, sure its still a crap load of money but single handedly making $6 billion disappear is no small feat.

more info (0)

Anonymous Coward | more than 11 years ago | (#5069795)

http://wolf.cyberstreet.net/index.php?ref=327369

insider info

Steve Case Will Best Be Remembered For... (3, Funny)

Anonymous Coward | more than 11 years ago | (#5069824)

...buying Time-Warner with monopoly money.

Where did the $$ go? (1, Insightful)

Anonymous Coward | more than 11 years ago | (#5069847)

What I would like to know is how the hell AOL is losing money. I mean it what, $23-24 a month from what like 15 million subscribers? Plus ad revenue? Just WTF are they doing with all that money? I think that they must have invested at least some of it in paper shredders, but hey, what do I know. :)

Greg

All together now..... (5, Funny)

rickthewizkid (536429) | more than 11 years ago | (#5069860)

...."goodbye!"

-RickTheWizKid
I used to use AOL... then I grew up

Well, it started out as AOL taking over TW... (4, Interesting)

Dan93 (222999) | more than 11 years ago | (#5069917)

...but things turned out just a bit differently. As a former AOL employee, I can tell you that while it started out with AOL taking over Time Warner,it's slowly started to turn around. How many former Time Warner executives now work for AOL? Quite few, yet for some reason, very, very few of the former AOL execs, now work for TW.

Too bad (2, Insightful)

Gumber (17306) | more than 11 years ago | (#5069930)

I was never fond of AOL, but at least Steve Case wasn't "one of them" (old-media type).

Long Overdue! (2, Interesting)

Anonymous Coward | more than 11 years ago | (#5069948)

As an ex-AOL employee who lost a lot of money
on AOL stock (my fault, I didn't sell early enough),
I am glad to see this announcement.

Steve, if Barry Schuler is still there, tell him to
take a hike. His arrogance and incompetence
played a major part in the current woes of AOL.

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