Maybe I'm wrong, but wasn't the deal for about 250 mill....maybe more, but I think thats what it was for...because when I read the deal I thought.....WHAT...an nba AND nhl team AND stadium...for that little...it sounded like a fire sale to me..
If I had stock in time warner aol I'd sell now...
One reason....for about 10 dollars more a month you can get 100x faster cox digital cable...
I was an aol user for 5 years, yeah I miss the online screen, but thats about it...
Now, if aol was smart, they'd charge the same price or maybe at tops five bucks more for high speed 3000 kbps or 3mb per second than their current dial-up price. (if possible, as reasons said below)
In fact I heard a rumor that time warner was thinking of splitting from aol...it was fun while it lasted.
I guess the phone and cable companies have the lead as they control the bandwith lines. aol has to rent them, as a dial-up everyone had it, so phone companies really had no say...but with high speed, they need to contract with phone companies or whatever...dying breed baby dying breed.
Its kind of hard to get new or keep subscribers when cox is running 3 or 6 months at 24.95...2 dollars less than checking account withdrawl from aol, before going up to a modest 39.99 a month if you have digital cable, and 49.99 if not...but that 49.99 might have been dropped to 39 too. I haven't seen the commercial but twice and was by the computer so I couldn't quite see the fine print.
Oh yeah, so I think this guy could have ponied up a little more for both the stadium and 2 professional teams...my god, if you can afford one team, you should be able to buy the litter for 250 mill, you think?
