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“In the late 90s, AOL stood at the heart of the internet revolution. But its $350 billion merger with Time Warner turned from a fairy tale into a nightmare. From AOL’s iconic “You’ve got mail” to a staggering $97 billion net loss, we explore the remarkable rise and stunning fall of one of the biggest mergers in history. Tune in as we tell the story of how the mighty AOL crumbled.
0:00 – 3:07 Intro
3:08 – 6:47 The rise of AOL
6:48 – 10:45 Time Warner merger
10:46 The decline
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America online. Not, American online. I am proud to say I never had an AOL subscription. I'm old enough to have use the Internet in the very old days in the early 1990s at university. I was for a while a CompuServe subscriber. I still remember my user ID for some strange reason. As far as those of us in a similar situation were concerned; AOL, and its subscribers, were a blight on the Internet and the world generally. on top of that they're advertising and discs in the mail were all pervasive for quite a while. when I first heard a brief notice about the impending merger; I assumed that it was the opposite. That is the say, Time Warner was buying AOL.
Icahn in the video is himself accused of running a Ponzi, it was a surprising accusation
Didn’t something similar happen to Vivendi-Universal?
I created an aol email address recently. My dog ran away two days later. AOL brings nothing but destruction wherever it goes 😢
They didn't "meme" it AO-HELL for nothing. Both AOL and VERIZON were, are and likely always will directly fund (huge corporate chairity donation programs) "Planned Parenthood" which is and always will be a "modern" EUGENICS program (started by Margaret Sanger). So many have no clue about this homicidal/genicidal maniac. Say anything even remotely derogatory about it and the might and money power of these super corporations will be directed at you. Believe me I know. That's why I want nothing to do with such "companies" and it's not easy.
Excellent report as usual❤
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH…. stock,silver and gold)
Fraud is always a part of the business plan when hard times demand it, regardless to how virtuous a company may have been in the past when the grim reaper cometh its every man for himself! when the scraps are all that's left damn!
Everyone remembers 1996, the year AOL users were loosed onto the internet. It was the beginning of the end.
1:37 Steve Case not Chase
AOL reminds me of the oRaNGe CoUnTy 714 chat room, the private mp3 rooms like badbyz, thug life, mp3z and chat room proggiez. oh, and my mother yelling at me to get off line because of expected phone calls. I wonder what happened to NetZero and Juno..
My family was too poor for AOL. We had NetZero 😂
There was a recorded phone call that went viral back in 2006. It was a guy trying to cancel his AOL account and the customer service rep arguing with him and refusing to do it.
Hey, how could you talk about AOL and not mention WaReZ private chat room? Anyone here from the "Sailor Moon chat room?" 😂
1990s had internet outside of AOL. Dial-up was used by many, nearly everyone I know used it. This was in countries where AOL didn't exist. You only needed a modem, phone line and a telecom that provided internet connectivity. Since about 1996, I spend hours online nearly every day. There was a lot to explore because it was all new, contrary to what you said. And if you say "look up things online", that happened less often because the primitive search engines couldn't find relevant information fast. Websites I created in the latter 1990s were always in the first few results on the topic because it was usually "me and that other guy" who had websites on said topic.
You should defo do a video about Disney's purchase of Maker Studios in 2014. Possibly the dumbest corporate purchase in history.
I actually think this story tells how shrewd the AOL management were
Can't wait for the video on Warner Bros Discovery in a few years !
The reason WCW is no longer around.
aol was a whole environmental crisis by delivering a new cd to your mailbox every 13 hours
I pay money to YouTube to not see ads, then show me an ad, so I have to block you.
I can still hear that dialup tone when I see aol.
This my first stock o ever bought btw
Anyone else remember all the cool stuff people made from free aol cd's
I was a temp at AOL in the 90s. A lot of employees had stock and became millionaires and drove into the parking lot in new porches and got plastic surgery. It was bizarre
It costs them everything not to build out their own broadband infrastructure. AT&T and others did, they survived. Sometimes it cost you way more to not do something than to do it. Countless companies have died or received significant damage by not investing in their technology. The most recent is Southwest Airlines. Executives routinely neglected to spend the money to upgrade and maintain a current technology stack. Over the Christmas 2022 season, they found out what a mistake those decisions were. Spend $30 million to build a modern stack or over $100 million in losses. Of course, I don't know the real numbers but those are just an example.
I knew nothing about AOL……knew the name…..but that was it….knew of the merger with Time Warner…….but couldnt afford dial up at that time.
Have fun in my home man.. Boriken (Puerto Rico) is the most special place in the world. Nowhere else like it.
ASL?
I remember I loved AOL as a kid. Their free CDs made a great frisbee! Anyway at home we used a multi provider app to choose the cheapest available dialup connection for that time of the day respectively. We had a 56k US Robotics modem and I will never forget its iconic sound 😅
I subbed to a video you made a month ago and your sound is sooooo much better. I’m guessing you had a recent boom. Either way. You have great videos and research.
“Overpriced word processors.” Dude what are you talking about!? That isn’t even close to an accurate description of personal computers.
Everyone used Aim when I was in elementary school
AOL Warner not offering streaming movies was the biggest missed opportunity.
I can't believe the stupidity ( cost me lots of money) ( I still have my apple stock from back then – can't win all of them)
Yep it was when I got broadband 2000 so then I didn't need AOL anymore. It was redundant at that point.
Important to mention there were many competing dialup ISPs at the time. AOL was facing competition from the open internet since the moment of its conception, and was losing all relevance to them way before facebook even became popular