garyp
07-28-2004, 08:32 PM
Adweek (http://www.adweek.com/aw/iq_interactive/article_display.jsp?vnu_content_id=1000588985)
America Online's operating income before depreciation and amortization rose 13 percent to $487 million in the second quarter, as revenue increased 2 percent to $2.18 billion from the prior-year period.
After posting consecutive quarterly declines, the Time Warner Internet unit's Q2 advertising revenue grew 23 percent, or $42 million, led by paid search. In Q1, AOL experienced a 5 percent drop in ad revenue, an improvement over last year's double-digit decreases, which were due in part to the expiration of multiyear ad deals signed during the dot-com heyday.
Time Warner Net Falls 27 Percent in Second Quarter (http://ap.tbo.com/ap/breaking/MGB6HK2O7XD.html)
America Online's operating income before depreciation and amortization rose 13 percent to $487 million in the second quarter, as revenue increased 2 percent to $2.18 billion from the prior-year period.
After posting consecutive quarterly declines, the Time Warner Internet unit's Q2 advertising revenue grew 23 percent, or $42 million, led by paid search. In Q1, AOL experienced a 5 percent drop in ad revenue, an improvement over last year's double-digit decreases, which were due in part to the expiration of multiyear ad deals signed during the dot-com heyday.
Time Warner Net Falls 27 Percent in Second Quarter (http://ap.tbo.com/ap/breaking/MGB6HK2O7XD.html)