Summary:

Yahoo and AOL: Reversal of Fortunes: The past two years have seen a dramatic reversal of fortunes for Internet bellwethers AOL Time Warner a…

Yahoo and AOL: Reversal of Fortunes: The past two years have seen a dramatic reversal of fortunes for Internet bellwethers AOL Time Warner and Yahoo, highlighting both the pitfalls and the renewed promise of the Internet. “[S]emel’s example in selling premium services, has caused AOL to begin to follow in Yahoo’s footsteps. In December, the company demonstrated its newest premium service, called AOL Call Alert, which allows members to manage incoming phone calls when online for $3.95 a month. AOL also plans to begin selling its digital music service MusicNet next month…”

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