Page 1 of 1
I just heard that Ted Turner is buying back CNN, re-buying the Atlanta Braves, and buying back into the Wrestling Industry. He is also stepping down as Chairman of AOL Time Warner because he believes his role in the company is now very diminished. Anyone
PostPosted:Thu Jan 30, 2003 4:00 pm
by Julius Seeker
<div style='font: 12pt ; text-align: left; '>I just heard that Ted Turner is buying back CNN, re-buying the Atlanta Braves, and buying back into the Wrestling Industry. He is also stepping down as Chairman of AOL Time Warner because he believes his role in the company is now very diminished. Anyone have any other info on this?</div>
PostPosted:Thu Jan 30, 2003 4:45 pm
by Zeus
<div style='font: 9pt ; text-align: left; '>Where did you hear this?</div>
PostPosted:Thu Jan 30, 2003 6:06 pm
by Julius Seeker
<div style='font: 12pt ; text-align: left; '>Just from an acquaintance, that's why I'm asking if anyone has details</div>
PostPosted:Thu Jan 30, 2003 7:50 pm
by Eric
<div style='font: 11pt ; text-align: left; '><b>Link:</b> <a href="
http://forums.toonzone.net/showthread.p ... d=65194</a>
He did step down.</div>
PostPosted:Fri Jan 31, 2003 12:33 am
by Tessian
<div style='font: 11pt Dominion; text-align: left; '>The company lost 90billion dollars and he's rebuying all that shit back? I dunno...</div>
PostPosted:Fri Jan 31, 2003 7:45 am
by Zeus
<div style='font: 9pt ; text-align: left; '>$90B? I seriously doubt it's that much</div>
PostPosted:Fri Jan 31, 2003 11:25 am
by Tessian
<div style='font: 11pt Dominion; text-align: left; '>read the newspaper, watch Daily Show-- both of them said it. That's how much AOL Time Warner lost (I might be off by a few billion)</div>
PostPosted:Fri Jan 31, 2003 12:38 pm
by Kupek
<div style='font: 10pt verdana; text-align: left; padding: 0% 10% 0% 10%; '>It is that much. They posted the highest loss in the history of capitalism last year.</div>
PostPosted:Fri Jan 31, 2003 5:12 pm
by Zeus
<div style='font: 9pt ; text-align: left; '>Wow, I know they're one of the biggest companies in the world, but shit, that's unreal....</div>
PostPosted:Fri Jan 31, 2003 8:21 pm
by Ishamael
<div style='font: 14pt "Sans Serif"; text-align: justify; padding: 0% 15% 0% 15%; '>Actually, it's $98.7 billion, but who's counting? ;)</div>
PostPosted:Fri Jan 31, 2003 8:37 pm
by Ishamael
<div style='font: 14pt "Sans Serif"; text-align: justify; padding: 0% 15% 0% 15%; '>It was on drudgereport yesterday and a bunch of other places.</div>
PostPosted:Fri Jan 31, 2003 8:40 pm
by Ishamael
<div style='font: 14pt "Sans Serif"; text-align: justify; padding: 0% 15% 0% 15%; '>It's amazing what a $45 billion writedown (from $1 billion) for the final quarter can do to the bottom line. :)</div>
PostPosted:Sun Feb 02, 2003 11:46 am
by SineSwiper
<div style='font: 11pt "EngraversGothic BT", "Copperplate Gothic Light"; text-align: left; '>That' because Time-Warner was a fucking dumbass for buying AOL. AOL just wanted the cable companies to be able to sell broadband, but they are still dragging their feet on getting their AOL junkies hooked on high-speed.</div>
PostPosted:Sun Feb 02, 2003 11:48 am
by SineSwiper
<div style='font: 11pt "EngraversGothic BT", "Copperplate Gothic Light"; text-align: left; '>About him stepping down, but what's this about rumors of him buying back everything?</div>