(From 2002 until 2005, this mailing list was called the ECCR mailing list)
[Next message][Back to index]
[eccr] Turner quits AOL after record loss
Sat Feb 01 16:32:38 GMT 2003
Turner quits AOL after record loss
----------------------------------
The world's largest media company broke another record Wednesday by
posting the largest annual loss in US history. Minutes after
revealing a $100 billion (93.1 billion euros) loss for 2002, AOL Time
Warner also announced the departure of its vice-chairman Ted Turner,
the maverick cable-TV mogul. Mr Turner, the company's largest
individual shareholder, has seen his stake in the company drop in
value by three-fourths since 2001. In the mid-1990s, the CNN founder
sold his television empire to Time Warner, which merged with AOL in
2001. Mr Turner, who built a reputation as a philanthropist with his
$1 billion (931 million euros) pledge to the United Nations in 1997,
has said he will now devote his energies to his charitable interests.
Source: http://news.bbc.co.uk/2/hi/business/2707199.stm - BBC News
----------------
ECCR-Mailing list
---
To unsubscribe, send an email message to (majordomo /at/ listserv.vub.ac.be)
with in the body of the message (NOT in the subject): unsubscribe eccr
---
ECCR - European Consortium for Communications Research
Secretariat: P.O. Box 106, B-1210 Brussels 21, Belgium
Tel.: +32-2-412 42 78/47
Fax.: +32-2-412 42 00
Email: (freenet002 /at/ pi.be) or (Rico.Lie /at/ pi.be)
URL: http://www.eccr.info
----------------
[Next message][Back to index]
