A.O.L. Company Paper
The Internet revolution has been compared in size and influence to that of the industrial revolution. Within the past decade, a tidal wave of online interactive services has hit the ocean of our economy. Many have failed to keep afloat, but those who have found favor in the eyes of web surfers have reaped great rewards and mighty companies have been established. At the forefront of these mighty companies is America Online, Inc. While at the forefront of the revolution, America Online is not alone. AOL has competitors in all areas of its operation. A few competitors for subscription revenues are: Microsoft Network, AT&T WorldNet, Prodigy Internet, Excite@Home, Road Runner and Juno (Annual Report). AOL's stiff competition in advertising includes: global media companies, online services, and Internet access services. Competition in making and selling new technology comes from: television based interactive services, digital services offered by satellite and wireless companies, and cable Internet access services (Annual Report). America Online realistically analyzes the potential effects of this competition and strives strategize for the future.
The president of America Online Robert Pittman and many of his executives now have offices in the Time Warner building (Angwin). Competition in making and selling new technology comes from: television based interactive services, digital services offered by satellite and wireless companies, and cable Internet access services (Annual Report). Within the near future, America Online hopes to p!ut a wealth of information at our grasp. AOL is on the verge of accomplishing some of these goals with its new "AOL Anywhere" strategy. The merging of these two companies will lead to a merge of entertainment and new media. While complex and highly efficient, their services are easy to understand and use. New Technology As any company in the online global community, AOL has big plans for the future. The leaders of America Online eco these words when they say: "These new industries will make this revolution even more profound than the first - and change forever the way we do business, the way we interact with each other and the way we connect with customers. Although the final stages of the deal have not been completed, AOL and Time Warner have begun working together. The second paragraph on the cover of AOL's annual report reads: "In announcing our plans to merge with Time Warner last January, we set the stage for a 21st century media and communications company powered by the Internet that will help transform global business and our society"(Annual Report). 9 billion multi-brand new media company and has taken a leadership role in its industry ("Who we are"). Second, AOL's mission is to use the finest technology to offer quality services that are simple and easy to use. (Angwin) AOL is confident that their merge with Time Warner will lead to greater possibilities for the Internet Revolution.
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