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AOL's Steve Case Quits Time Warner Board To Lead Revolution Full-Time
America Online Co-Founder Resigned Monday October 31

"Over the past few months, I have been pleased to see a renewed focus on AOL at Time Warner, and the emergence of so many strategic alternatives," said America Online co-founder Steve Case (pictured) as he yesterday resigned from the board of Time Warner. He remains one of Time Warner's biggest individual shareholders.

The timing of Case's resignation is considered ironic by many, since it is precisely now that AOL has emerged from the shadows to find itself what CEO Jonathan Miller called recently the "largest swing voter" in the battle between Microsoft and Google (10% of whose revenues come from an advertising partnership with AOL) to dominate online life.

When interviewed onstage at Web 2.0 recently, Miller said that AOL was "extremely undervalued" since there are still 20 milion AOL subscribers and 60.6M US visitors to its site according to tracker Nielsen/NetRatings. (That makes it fourth. Yahoo! is in no. 1 position, with MSN and Google in second and third place.)

The price for a stake in AOL is rumored to be likely to start at as much as $10BN. The question is, though, will that number go up in a bidding war between the two suitors, Microsoft and Google? And, if so, how high?




About Jeremy Geelan
Jeremy Geelan is Chairman & CEO of the 21st Century Internet Group, Inc. and an Executive Academy Member of the International Academy of Digital Arts & Sciences. Formerly he was President & COO at Cloud Expo, Inc. and Conference Chair of the worldwide Cloud Expo series. He appears regularly at conferences and trade shows, speaking to technology audiences across six continents. You can follow him on twitter: @jg21.

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'Over the past few months, I have been pleased to see a renewed focus on AOL at Time Warner, and the emergence of so many strategic alternatives,' said America Online co-founder Steve Case as he yesterday resigned from the board of Time Warner. He remains one of Time Warner's biggest individual shareholders.

'Over the past few months, I have been pleased to see a renewed focus on AOL at Time Warner, and the emergence of so many strategic alternatives,' said America Online co-founder Steve Case as he yesterday resigned from the board of Time Warner. He remains one of Time Warner's biggest individual shareholders.

Does this mean Ted Turner finally gets a shot at being the #1 guy at AOL-TW...it's perfect timing for him.




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