Dolemite wrote:
] Case said he would resign because "some shareholders
] continue to focus their disappointment with the company's
] post-merger performance on me personally."
]
] Personally, I think that both Time/Warner and AOL were making
] too much of their money off of each other, thinking that once
] they were all in one big happy family there would be another
] mega corporation to sell services and advertising to.

The problem here is shareholder expectations that aren't coupled with reality. Things take time. The Internet boom is over. And valuations that were supported in 1999 are not (and may never be) supported now. I think that if AOLTW was allowed to pursue their vision as it was articulated at the merger, they would be successful (despite being a tremendously friggin huge corporation). But people want results yesterday, and so someone has to take the fall.

Next up: either the new guy gets fired in less than a year or they completely dump the 'convergence' model.

RE: Steve Case to resign from AOL Time Warner