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America Online's Rapid Growth

AOL's Stock Price

AOL Table
 
1985
Control Video launches the Q-Link online service, predecessor to AOL.
1989
Control Video launches nationwide online service America Online.
1991
Control Video changes its name to America Online.
1992
AOL goes public.
1993
Steve Case becomes chief executive.
1994
Has 1 million subscribers by the end of the year.
1995
Teams with German media firm Bertelsmann to offer online services in Europe.
1996
Begins charging a flat rate, vastly increasing the amount of time spent online. Has 7.8 million subscribers by year-end.
1997
MTV founder Bob Pittman joins AOL as president and tries to focus on network problems. Facing possible lawsuits, AOL agrees to pay refunds to customers who had trouble getting online.
1998
Acquires CompuServe's online services division. Also buys interactive TV company Net Channel.
1999
Buys Netscape Communications for $10 billion. Acquires MovieFone, the largest movie listing and ticketing service. Strikes a major marketing deal with Gateway computers. Acquires MapQuest. Has 20 million AOL subscribers by year-end. Compuserve has an additional 2.2 million.
January 10, 2000
Announces that it is purchasing Time Warner for over $180 billion in stock in what will be the biggest U.S. corporate merger in history.
1999 1998 1997 1996 1995 1994 1993 1992 1991 1989 1985 2000

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