SEC Filings

S-4/A
TIME WARNER INC. filed this Form S-4/A on 03/24/2000
Entire Document
 
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  .  MovieFone, Inc., the nation's No. 1 movie guide and ticketing service
     based on the number of users, is provided through an interactive
     telephone service and on the AOL service and the Internet; and     
 
  .  Internet music brands Spinner.com, Winamp and SHOUTcast.
 
   The AOL International Group oversees the AOL and CompuServe services outside
the United States, as well as the Netscape Online service in the United
Kingdom.
 
   The Netscape Enterprise Group focuses on providing businesses with a range
of software products, technical support, consulting and training services.
These products and services enable businesses and users to share information,
manage networks and facilitate electronic commerce.
 
   America Online also has a strategic alliance with Sun Microsystems, Inc., a
leader in network computing products and services, to accelerate the growth of
electronic commerce. Through the alliance, the two companies develop and market
to business enterprises, client software and network application and server
software for electronic commerce, extended communities and connectivity,
including software based in part on the Netscape Enterprise Group code base, on
Sun code and technology and on certain America Online services features.
   
   Recent Developments. On March 17, 2000, America Online and Bertelsmann AG
announced a global alliance to expand the distribution of Bertelsmann's media
content and electronic commerce properties over America Online's interactive
brands worldwide. America Online and Bertelsmann also announced an agreement to
restructure their interests in the AOL Europe and AOL Australia joint ventures.
    
   On December 21, 1999, America Online and MapQuest.com, Inc. entered into a
merger agreement pursuant to which MapQuest, a leader in online destination
information solutions, will become a wholly owned subsidiary of America Online.
The merger is subject to customary conditions, including regulatory consents
and MapQuest stockholder approval, and is expected to be completed prior to the
merger of America Online and Time Warner.
   
   America Online has been named as a defendant in several class action
lawsuits that have been filed in state and federal courts. The complaints in
these lawsuits contend that consumers and competing Internet service providers
have been injured because of the default selection features in AOL 5.0 and some
of the suits seek injunctive relief relating to the AOL 5.0 software in
addition to alleged damages. These cases are at a preliminary stage, but
America Online does not believe they have merit and intends to contest them
vigorously.     
 
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