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FILE - In this May 12, 2008 file photo, the AOL Running Man figure decorates an employee's cubicle in AOL's New York office. The arrival of CEO Tim Armstrong arrival has thrilled employees who were unhappy under his predecessors, who were widely considered out of touch and out of place. (AP Photo/Mark Lennihan, file)
FILE - In this May 12, 2008 file photo, the AOL Running Man figure decorates an employee's cubicle in AOL's New York office. The arrival of CEO Tim Armstrong arrival has thrilled employees who were unhappy under his predecessors, who were widely considered out of touch and out of place. (AP Photo/Mark Lennihan, file)

Media giant Time Warner announced this morning that it is unloading its struggling AOL advertising-and-dial-up unit, which will face life as a stand-alone, publicly traded company.


Nearly a decade ago, the merger between Time Warner and America Online was heralded as a surprising and revolutionary marriage between "old media" and "new media." By comparison, yesterday's revelation by Time Warner that divorce papers may be on the way came as a shock to almost no one.


AOL Headlines

Raytheon's Move Heralded:  Loudoun Officials Say Firm's Arrival Could Lead to More (Post, April 5, 2009)

Case, Leonsis Make AOL Appearance:  Ex-Leaders Try to Lift Spirits of Embattled Employees (Post, March 18, 2009)

Google Executive Takes Over AOL:  Outgoing Management Team Lasted Just Two Years (Post, March 13, 2009)

AOL Hands Out Pink Slips, Plans to Cut 10% of Staff (Post, March 11, 2009)

Liberty Media Interested in AOL Dial-Up Business (Post, August 13, 2008)

AOL Puts Drag on Time Warner Profit:  Sluggish Online Ad Sales Contribute to 26 Percent Drop in Parent's Earnings (Post, August 7, 2008)

AOL Is Moving Closer To Jettisoning Dial-Up (Post, August 5, 2008)

AOL Cuts More Products Developed in Dulles:  Moves Affect Development Unit in Dulles (Post, July 26, 2008)

Rebuilding AOL's Online Advertising On the Fly (Post, June 23, 2008)

SEC Sues 8 Former AOL Officials:  Regulator Alleges Inflation of Online Ad Revenue (Post, May 20, 2008)

Time Warner To Spin Off Cable:  Future of AOL Now on Agenda (Post, May 1, 2008)

Murdoch And AOL Join Fight Over Yahoo:  News Corp. May Bid With Microsoft (Post, April 10, 2008)

Bringing Together AOL's Ad Network:  Unit's New Chief Inherits Clashes (Post, March 17, 2008)

AOL to Buy Bebo to Compete In Social-Networking Market (Post, March 14, 2008)

AOL, CBS Team Up For Radio, Advertising (Post, March 8, 2008)

The AOL Exodus Effect:  Once a Magnet, Firm's Departure May Alter Local Tech Landscape (Post, February 18, 2008)

After Spurning Microsoft, Yahoo Reaches Out to AOL (Post, February 12, 2008)

AOL's Kayse to Lead Discovery Digital Ad Sales (Post, February 9, 2008)

New Time Warner Chief Focuses on Consolidation (Post, February 7, 2008)

Time Warner Considers Spinoffs:  No. 2 Cable Firm, AOL Figure in CEO's Planning (Post, February 6, 2008)

Possible Yahoo Sale Puts Focus On AOL:  Time Warner Unit Seen as 'Odd Man Out' (Post, February 4, 2008)

NFL NOTEBOOK:  Time Warner Rejects NFL's Offer of Arbitration (Post, December 21, 2007)

Thinking More Globally, Giving Less Locally:  As It Shifts Strategy, AOL Cuts Some Charitable Ties to D.C. Area (Post, December 18, 2007)

Twin Efforts Aim to Popularize Online Giving:  AOL Founder Wants the Not-So-Rich-and-Famous to Embrace Philanthropy (Post, December 13, 2007)

Brand Name to Brand X, Y and Z:  A Host of New AOL Sites Grab for an Ad Audience Anywhere (Post, November 29, 2007)

AT COOLIDGE HIGH:  How a 'Fundraiser' Ate Up Nearly All of a $50,000 Grant (Post, November 9, 2007)

AOL Adds to Its Advertising Makeover:  Online Marketing Acquisition Is Its Fourth of the Year (Post, November 8, 2007)

Changing of the Guard At Time Warner (Post, November 6, 2007)

Change Is Tough, but Necessary, AOL Chief Says:  Falco Says Layoffs Are Key to Becoming an Ad-Supported Portal (Post, October 22, 2007)

Pink Slips, Blue Folders at AOL:  __ (Post, October 17, 2007)

AOL to Cut Workforce by 20 Percent (Post, October 16, 2007)

County Still Counting on Presence Of AOL (Post, September 20, 2007)

AOL Plays Catch-Up on Ads:  Move to New York, Acquisitions Show Firm's New Vision (Post, September 19, 2007)

AOL Moving Executives, Headquarters To New York (Post, September 18, 2007)

Jobs Remain, But Area Could Feel Major Loss (Post, September 18, 2007)

AOL, All Grown Up:  On-Site Child Care Illustrates Change in Workforce Demographic (Post, September 1, 2007)

AOL Loses Subscribers, And Ad Growth Drops (Post, August 2, 2007)

AOL to Buy Ad Firm That Monitors Web Use (Post, July 25, 2007)

AOL Investors to Get Lawsuit Money Soon (Post, July 11, 2007)

AOL's News Sites Adopt Look of Blogs (Post, June 28, 2007)

Time Warner Chief to Decide Over 2 Years When to Retire (Post, June 8, 2007)

AOL Buys Cellphone Ad Company:  Deal Follows Microsoft's Move Into Growing Market (Post, May 16, 2007)

AOL Offers Ads Linked To Results Of Searches (Post, April 7, 2007)

AOL CFO To Leave As Layoffs Continue (Post, February 17, 2007)

3 Acquitted In Lengthy AOL Trial:  Emotional Victory Is Blow To Federal Prosecutors (Post, February 7, 2007)

Long-Running AOL Trial Heads to Jury:  Panel Heard 3 Months' Worth of Evidence in Accounting Fraud Case (Post, February 2, 2007)

Time Warner's Profit Soared in 2006:  Adelphia Purchase Helped Boost Fourth-Quarter Earnings (Post, February 1, 2007)

Prosecutors End Case in Long AOL Fraud Trial:  Executives Accused Of Making Sham Deals (Post, January 5, 2007)

AOL Introduces New Executive Team, Pledges Clearer Focus (Post, December 19, 2006)

AOL Alumni Seek Excitement of Start-Ups:  Former Executives Launch New Internet Companies, Fueling a Regional Dot-Com Resurgence (Post, December 18, 2006)

4 Top AOL Officials Resign Abruptly:  Moves Come Before Predicted Shake-Up (Post, December 16, 2006)

AOL Lays Off 450 At Dulles Office:  Cutback Smaller Than Predicted (Post, December 14, 2006)

New AOL Chief Preaches Discipline:  Falco Doesn't Foresee Layoffs (Post, November 22, 2006)

Miller's AOL Innovation Speeded His Demise:  Success of Revised Business Model Cleared the Way for an 'Operations Guy' (Post, November 18, 2006)

NBC Veteran To Replace AOL Chief:  Miller Out After 4 Years, Switch to Ad-Driven Model (Post, November 16, 2006)

AOL Sees Success in New Approach (Post, November 4, 2006)

AOL Fraud Prosecutors Stop Short of the Top:  Time Ran Out Before Cases Could Be Made (Post, October 23, 2006)

Some Things Missing in AOL's OpenRide (By Rob Pegoraro, October 15, 2006)

Order on Documents Signals Justice Dept. May Pursue Foley (Post, October 5, 2006)

Local Officer Is Key in Hunt For Pedophiles:  Requests for AOL Data Flood Sheriff's Office (Post, October 1, 2006)

Leonsis Pulls Away From Helm of AOL:  Tech Visionary Refocuses Interests (Post, September 15, 2006)

Defining Reliability In a Wild Wiki World (By Frank Ahrens, September 10, 2006)

Time Warner Agrees To Governance Changes (Post, September 7, 2006)

AOL Goes Hollywood With Video Portal:  Partnerships With Studios Offer Buyers Downloads of Movies, TV Shows (Post, August 25, 2006)

AOL Buys Game, Message Firms:  Purchases Are a Bid to Attract More Users to Its Web Site (Post, August 17, 2006)

AOL Search Queries Reveal Users' Worlds (Post, August 17, 2006)

AOL Looking for Gold in Spam Case:  To Collect $12.8 Million, Firm Wants to Dig Up a Yard (Post, August 16, 2006)

Internet Privacy Group Files Complaint Against AOL (Post, August 15, 2006)

County Can Weather Layoffs, Experts Say:  400-900 AOL Employees May Lose Jobs (Post, August 10, 2006)

AOL Takes Down Site With Users' Search Data:  Personal Details Posted in 'Screw-Up' (Post, August 8, 2006)

AOL Plans to Cut 5,000 Jobs (Post, August 4, 2006)

In a Broadband World, AOL Forced to Open the Gates (By Rob Pegoraro, August 4, 2006)

AOL Shifts Strategy With Free Offerings (Post, August 3, 2006)

AOL Retools Video Site (Post, July 31, 2006)

Changes at Netscape Signal AOL's Evolution (Post, July 27, 2006)

Firms Aim at Business Networks:  Alliances' Goal Is to Simplify Communications (Post, July 19, 2006)

AOL May Speed Shift Away From Subscribers:  New Strategy Designed to Make Company More of a Web Portal for a Broadband World (Post, July 7, 2006)

Green-Living Firms Try For Mainstream Balance:  Steve Case Leads the Charge to Popularize Alternative Products (Post, June 6, 2006)

Braves Trade Is a Steal for Both Sides (By Allan Sloan, May 30, 2006)

AOL to Cut 1,300 Workers in U.S.:  Call Centers Bear Brunt of Reduction (Post, May 10, 2006)

Legal Armies, in Search of New Battles:  With the Big Mergers Over, the Communications Bar Is Shrinking -- but Still Busy (Post, April 10, 2006)

Microsoft Cuts Dial-Up Price to Lure AOL Users (Post, March 29, 2006)

Many Ways to Pay -- or to Leave (By Leslie Walker, March 2, 2006)

Turner Plans to Leave Time Warner:  CNN Founder's Next Step Unclear (Post, February 25, 2006)

AOL Hopes to Ring Up Broadband Upgrade (By Leslie Walker, February 23, 2006)

Icahn, Time Warner Reach Agreement:  Dissident Investor Won't Seek Control (Post, February 18, 2006)

AOL Facing More Investor Lawsuits Over Merger (Post, February 7, 2006)

Paid E-Mail Seen as Cultural Change:  Guaranteed Delivery Plans by AOL, Yahoo Viewed as Part of End to Openness (Post, February 7, 2006)

AOL, Yahoo to Let E-Mails Bypass Filters (Post, February 6, 2006)

Former Viacom Chief Executive Joins Icahn:  Biondi Brings Media Experience to Fight Over Time Warner (Post, January 31, 2006)

$1 Billion AOL Stake for Google Approved (Post, December 21, 2005)

Google to Buy 5% of AOL for $1 Billion (Post, December 17, 2005)

Google Buying Stake in AOL for $1 Billion (Post, December 16, 2005; 2:51 PM)

When Breaking Up Is Not Hard to Do (By Steven Pearlstein, December 14, 2005)

Icahn Wants 'Sunlight' On Time Warner (Post, December 14, 2005)

Case Criticizes His Own 'Lack Of Leadership' (Post, December 13, 2005)

Microsoft Covets More Online Ad Revenue:  Firm Aims to Compete With Google, Yahoo (Post, December 8, 2005)

Changing Message on AOL:  Time Warner Drops Effort to Sell Stake, But Talks Continue (Post, December 7, 2005)

AOL Upgrades AIM (By Rob Pegoraro, December 4, 2005)

AOL Advertising Move Draws Protest :  Move Draws Protest From Some Longtime Subscribers (Post, November 23, 2005)

AOL to Have Free Reruns on Demand (Post, November 14, 2005)

Time Warner to Buy Back More Stock:  Interest in Selling AOL Stake Confirmed (Post, November 3, 2005)

AOL Founder Resigns From Time Warner:  AOL Founder Says He Wants to Focus On New Company (Post, November 1, 2005)

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