MICHAEL LYNNE - President and COO, New Line Cinema
- A New Universe
You take AOL and everything it's accomplished in the on-line universe, and you
take Time Warner and everything that it's accomplished and you put those two
together and everyone within our place certainly, but I think everyone out there
understands the explosive capability of those two incredibly talented and
exceptional companies coming together. It is a new universe.
ROGER AMES - Chairman and CEO, Warner Music Group
- Digital Opportunity
We now have a new distribution machine and access to a new group of consumers,
and an ability to reach them in a different way than we ever had before.
This now says you can take your music anywhere, and you can receive it anywhere,
you don't have to carry around 50 tapes with you, or, you know, batteries for
your Walkman. It just makes music much more ubiquitous, you know, it's
everywhere. What it says is that there's a huge opportunity. And I think that's
what's going to drive growth is that we'll see one, the actual consumption of
music will increase, and two, you will see people using music more than they
used to in their lives.
Everyone is just tremendously excited that here we've leap frogged ourselves
into the future in a way that nobody could have expected.
JOSEPH J. COLLINS - Chairman and CEO, Time Warner Cable
- The Internet Changes Everything
What's happening here in America is that the Internet has come and begun to
change everything, and slowly but surely, it's going to move from the narrow
band internet that it's been up `til now, over to the broad-band Internet.
Virtually every product and service that we have at Time Warner is impacted
profoundly by the Internet, and, basically, AOL is going to be our guide into
all those aspects of the business.
AOL Time Warner Inc., together with Time Warner Inc. and America Online,
Inc., filed with the Securities and Exchange Commission a preliminary joint
proxy statement/ prospectus regarding the proposed business combination
transaction referenced in the foregoing information. In addition, AOL Time
Warner, Time Warner and America Online will prepare and file with the Commission
a definitive joint proxy statement/prospectus and other documents regarding the
proposed transaction. Investors and security holders are urged to read the
definitive joint proxy statement/prospectus, when it becomes available, because
it will contain important information. The definitive joint proxy
statement/prospectus will be sent to stockholders of Time Warner and America
Online seeking their approval of the proposed transaction. Investors and
security holders may obtain a free copy of the definitive joint proxy
statement/prospectus (when it is available) and other documents filed with the
Commission by AOL Time Warner Inc. and Time Warner (as well as America Online)
at the Commission's web site at www.sec.gov. The definitive joint proxy
statement/prospectus and other documents filed by Time Warner with the
Commission may also be obtained for free from Time Warner by directing a request
to Time Warner Inc., 75 Rockefeller Plaza, New York, New York 10019, Attention:
Shareholder Relations, telephone: (212) 484-6971, e-mail: firstname.lastname@example.org.