AOL Time Warner predicts weaker earnings

From: The Milwaukee Journal Sentinel (Milwaukee, WI) | Date: September 10, 2002| Author: | Copyright information

AOL Time Warner predicts weaker earnings

Faltering online division and slump in ad market keep revenue down

By SHELLEY EMLING Cox News Service

Tuesday, September 10, 2002

New York -- The bad news kept coming Monday for America Online as its parent company, AOL Time Warner Inc., predicted weaker financial performance for the rest of the year.

Citing an ad market that has failed to pick up steam, the world's largest media company said full-year advertising and commerce revenue -- which accounts for about a third of its overall revenue -- is expected to be $1.7 billion but could slip by as much ...

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