We're also working to determine the right ownership structure for AOL," said Time Warner Chairman and CEO Jeff Bewkes. Time Warner, parent company of AOL, has reported their first quarter earnings for 2009 and the news isn't great for AOL.
At Google, Armstrong helped build one of the most successful media teams in the history of the Internet -- helping to make Google the most popular online search advertising platform in the world for direct and brand marketers," said Jeff Bewkes...
His departure essentially leaves AOL without a global advertising strategy while Time Warner CEO Jeff Bewkes splits and sells AOL. AOL says aloha to strategic ad exec Dave Morgan, founder of AOL-acquired Tacoda.
Time Warner CEO Jeff Bewkes would be the big winner. Yahoo merges with AOL, saves Time Warner and re-Bewkes Microsoft. That's a best case scenario for Yahoo from investment bank advisers at Goldman Sachs and Lehman Brothers.
Time Warner also announced this week that Chairman and CEO Dick Parsons will step down at the end of the year, and COO Jeff Bewkes will take his place. AOL has confirmed the acquisition of Quigo, a contextual ad network serving text, display and...
