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To: Outraged
AOL is owned by Time Warner, who is owned by Ted Turner.
Ted Turner is not concerned with facts, and indeed never has been.
33 posted on 06/11/2003 9:20:26 AM PDT by Darksheare (Nox aeternus en pax.)
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To: Darksheare
Actually, it went the other way around. At the time of the AOL - Time Warner merger, AOL's share price was 3x what Time Warner's was. Keep in mind the merger came together on January 10th, 2000, at the peak of the internet hype. Ted Turner's Time Warner got grifted big time...
49 posted on 06/11/2003 9:50:54 AM PDT by ThinkFreedom (Well, that's my 2c, take or leave.)
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To: Darksheare
AOL is owned by Time Warner, who is owned by Ted Turner. Ted Turner is not concerned with facts, and indeed never has been.

Ted Turner does not, nor has he ever "owned" AOL. He was the largest shareholder in AOL Time Warner, and was 4th on the chain of command and at one point became the 2nd richest employee in the world.

He has since sold most of his stock, I do not think he sold all of it. He took a bath and a half in losses. Steve Case is still with the company on the board, but is no longer actively involved.

The head of AOL Time Warner is a man named Dick Parsons, and african american republican who the GOP has been pushing for several years to run for office. As much as he is in charge, he is indifferent to CNN or AOL's media bias. The only time I have ever heard him comment, period on media bias at all was after he was co-chairman of the social security reform committee. He was the republican co-chair, Pat Moynihan was the democrat co-chair (the result was they recommended privatization and congress, or the dems, slammed them and it). His only comment was in regards to critisism that the committee was biased in favor of privatization and he curtly said something like that unlike the media they actually had an open mind and did't have preconcieved notions.

101 posted on 06/11/2003 5:42:13 PM PDT by Sonny M ("oderint dum metuant")
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To: Darksheare
AOL is owned by Time Warner, who is owned by Ted Turner.

Ted Turner doesn't own AOL-Time-Warner. He owns some 4 or 5%. He's the largest shareholder, but he doesn't even control the company anymore. He was squeezed out of control by Gerald Levin, who was later himself squeezed out.

117 posted on 06/11/2003 9:33:02 PM PDT by Commie Basher
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