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Business / AOL Time Warner / Pittman Resignation #705731

CNN Evening News for Thursday, Jul 18, 2002
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(Studio: Aaron Brown) Report introduced.

(Studio: Allan Chernoff) The problems with the merger of Time Warner & AOL examined in light of the resignation of AOL Time Warner COO Bob Pittman featured; details given of the absence of "synergy" between the two. [January 10, 2001, AOL Time Warner chairman Steve CASE†- talks about the merger of media, entertainment & communications in the Internet century.] [January 10, 2001, PITTMAN - says we are the missing piece for each other.] [Kaufman Bros. senior media analyst Paul KIM†- says Time Warner overpaid for AOL.] [Technology Partners LLC managing partner Porter BIBB†- cites the promised revenue growth.] The talk about breaking up the company discussed.

Brown, Aaron;
Chernoff, Allan

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