. in the publishing business, cross-marketing opportunities between
Time Warner's prominent brands and America Online's interactive
services are expected to provide new opportunities for subscriber
Finally, AOL Time Warner will have enhanced advertising and revenue
potential due to its ability to offer promotional packages that include
both traditional and online components.
Q. How does Time Warner believe the merger will affect consumers?
A. Time Warner believes that the combination of Time Warner and America Online
has the potential to provide increased benefits for consumers. Through the
combination of Time Warner's programming capabilities with America Online's
Internet capabilities, AOL Time Warner is expected to be able to provide
consumers with enhanced access to a broad selection of high quality content
and interactive services. In addition, through the cooperative efforts of
employees with creative and journalistic talents and employees with
technological expertise, AOL Time Warner is expected to offer new and
innovative products and services that are particularly suited to
Q. How does Time Warner believe that the future of the Internet will be
A. Time Warner believes that the future of the Internet will be determined by
companies that are able to take advantage of the distribution channels
created by the Internet through providing compelling entertainment and
informational content--companies like AOL Time Warner.
Q. What impact does Time Warner expect the merger to have on its financial
A. The combination of Time Warner and America Online is expected to strengthen
the financial condition of both Time Warner and America Online.