Blog Post

Citi Media: Time Warner’s Martin On AOL: Don’t Expect Any Strategic Deals Soon

Asked about Time Warner’s plans for the AOL business and all its discordant parts — from access service to content and ad sales — CFO John Martin told the 2009 Citigroup Global Entertainment, Media & Telecommunications Conference in Phoenix that the company is still enthusiastic about exploring “strategic relationships.” However, to be realistic, this kind of economic environment isn’t conducive to quick action. The comments were somewhat in contrast to what CEO Jeff Bewkes said last month at the UBS Media Week event, when he told attendees “I