http://www.forbes.com/facesinthenews/2005/10/13/comcast-google-aol-cx_gl_1013autofacescan04.html wrote:
NEW YORK - Meet Brian L. Roberts, dot-com master? Perhaps.
He's still merely the chief executive of Comcast (nasdaq: CMCSA - news - people )--not too shabby in itself, as it's the No. 1 U.S. cable TV operator. But according to reports Thursday, Roberts wants to join his firm with search-engine giant Google (nasdaq: GOOG - news - people ), in a deal to nab a joint stake in Time Warner's (nyse: TWX - news - people ) America Online.
Scuttlebutt says the three firms would generate a new concern, through which they'd own the AOL Internet portal.
The supposed media/Internet/entertainment pact would coalesce just as markets boiled with reports of talks between AOL and Microsoft (nasdaq: MSFT - news - people ). Chairman Bill Gates' software colossus is widely held to want an alliance between AOL and its MSN Web portal. Also, consider this triangulation: Microsoft and Yahoo! (nasdaq: YHOO - news - people ) on Wednesday announced they were joining forces on instant messaging--a black eye for IM provider AOL.
He's still merely the chief executive of Comcast (nasdaq: CMCSA - news - people )--not too shabby in itself, as it's the No. 1 U.S. cable TV operator. But according to reports Thursday, Roberts wants to join his firm with search-engine giant Google (nasdaq: GOOG - news - people ), in a deal to nab a joint stake in Time Warner's (nyse: TWX - news - people ) America Online.
Scuttlebutt says the three firms would generate a new concern, through which they'd own the AOL Internet portal.
The supposed media/Internet/entertainment pact would coalesce just as markets boiled with reports of talks between AOL and Microsoft (nasdaq: MSFT - news - people ). Chairman Bill Gates' software colossus is widely held to want an alliance between AOL and its MSN Web portal. Also, consider this triangulation: Microsoft and Yahoo! (nasdaq: YHOO - news - people ) on Wednesday announced they were joining forces on instant messaging--a black eye for IM provider AOL.
More conglomerates, less competition, does this seem like a good idea for anyone? Wasn't the AOL-Time Warner merger a collosal failure?
