topics

Ted Leonsis Hopes For ‘Fast Conclusion’ To Latest AOL-YHOO-MSFT Talk (He’s Not The Only One)

imageTed Leonsis, vice chairman emeritus of AOL (NYSE: TWX), isn’t saying which way he hopes the latest Time Warner-AOL talks with Yahoo (NSDQ: YHOO) and/or Microsoft (NSDQ: MSFT) wind up but he’s emphatic about wanting a conclusion. During an interview on a completely different subject this afternoon, Leonsis told me: “I’m hopeful that there is a fast conclusion to any and all talks because the talks are all anyone is talking about. The industry has kind of come to a standstill and they’re such important companies. Google (NSDQ: GOOG), Microsoft, Yahoo and AOL are the major engines for customers, consumers, for advertisers. They’re the companies that write the checks. Google and advertising.com are the biggest check writers to Web 2.0 companies and those four companies are the biggest acquirers of companies. ... I’m just hopeful that this dust settles quickly because the dance has been going on for a long time and it’s time for everyone to get back to work.”

Related Stories
Jul 16, 2008 3:59 PM ET

Posted In: Companies, Microsoft, Time Warner, AOL, Yahoo, ted leonsis

Leave a Comment

Comments (1)

Jul 16, 2008 10:54 PM

The idea that everyone in the industry is standing around waiting for something to happen and NOT working is so insulting and so typical of Ted’s disconnect from reality. 

The only people standing around not doing anything are the players he overpays to be on the ice and the court.

goducks

Leave a Comment

Commenting is now closed for this article.

The Economics of Content | paidContent Newsletter

Know something we don’t?

Send Us a News Tip

All tips are anonymous and untraced.

Sponsors

Contributors