Time Warner (TWX) may be closer to splitting off America Online.
In an SEC filing Monday, TW wants bondholders to vote on an exchange of more than $12 billion in debt guarantees to HBO, a Time Warner unit. That would open the door for the transfer of AOL assets.
AOL has faced challenges for several years. It changed from a subscription model to an advertising model in 2006, without the success Time Warner would have liked.
Earlier this year, Time Warner pared itself down by spinning off its interest in Time Warner Cable.
RT @ChannelFutures: #Hyperconvergence is red hot. Learn why #HCI should be part of your MSP business plan. @Cohesity @StratisticsMRC @Avant
October 17 2018 @ 22:46:21 UTC
There's a lot you don't know about @ZeeHussain7 and his journey. @ATTBusiness https://t.co/C1oFnjtwf8
October 17 2018 @ 21:06:05 UTC
.@Imperva, @Webroot, @ThreatConnect, others talk innovation in our #cybersecurity advancements roundup. https://t.co/Iu1sdxjlbA
October 17 2018 @ 18:22:52 UTC
.@Infovista teams with @TELoIP and goes "all indirehttps://t.co/hlBBuPs61zhlBBuPs61z
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TDS' Eric Kraieski says keep an eye on #applications for IT resilience. https://t.co/AjH0PFVwu6
October 17 2018 @ 11:10:39 UTC
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