January 10
(Time Warner Center) Photo via Wikimedia Commons under Creative Commons License
Jan 9, 2017
2000- AOL-Time Warner Formed
America Online Inc. announces their plans to buy Time Warner Inc. The result? A $350 billion mega-corporation. AOL Time Warner was the most popular company in media at the time. But after a loss of $54 billion in 2002, the biggest quarterly loss for a US company, AOL was dropped from the name.
(Taken from: www.history.com/this-day-in-history)
