Darkbeer
11-10-2002, 10:09 PM
CNN - ABC News merge could be by January; Troubled AOL - TimeWarner may delay (http://www.drudgereport.com/abc.htm) -Drudge Report, 11/10/02
QuikQuote: Living by the old adage: only the strong will survive, the plan, as it has been worked out by the two sides, would be to form a new entity, a joint venture to manage the two news operations: Two-thirds owned by AOL - TimeWarner, a third owned by ABC parent Disney.
But each news operation would maintain its own identity, it will be claimed.
QuikQuote: Living by the old adage: only the strong will survive, the plan, as it has been worked out by the two sides, would be to form a new entity, a joint venture to manage the two news operations: Two-thirds owned by AOL - TimeWarner, a third owned by ABC parent Disney.
But each news operation would maintain its own identity, it will be claimed.