Video: Steve Case On AOL Spin, Health Content Biz & More


Steve Case joined his business partner Ted Leonsis on CNBC this morning to talk about Revolution LLC and more. The former chairman of AOL Time Warner and vice chairman emeritus of AOL, respectively, have been openly supportive of Tim Armstrong and of Time Warner’s plans to spin off AOL (NYSE: TWX). In the 14-minute excerpt embedded below, Case talks about Revolution Money, Zipcars, the health content business since Revolution Health joined Waterfront Media ($100 million in revenue) , Twitter’s chances, their own blogging and tweeting — and, about midway through — Leonsis asks Case if he thinks the AOL spin will have a happy ending. With the 10th anniversary of the merger coming up, Case expressed his regrets that the grand vision didn’t pan out — and talked about how the spins of Time Warner Cable (NYSE: TWC) and AOL fit in with his “integrate or liberate” philosophy.

(He also suggests more spinning is on the way.) “I’m disappointed because I think there was an opportunity to create more value with integration driving convergence but I’m pleased that the company’s now embraced the idea that if we’re not going to integrate, we might as well liberate. I think it will turn out better for AOL.”

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