AOL IN FREE FALL

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WaPo reports some interesting news:

America Online’s subscriber base plunged by 846,000 in the second quarter, as hundreds of thousands left for cheaper or faster Internet connections and a similar number were dropped because they had been mistakenly counted in the past, AOL Time Warner Inc. disclosed yesterday.

Amazing. I hope this will cause AOL to rethink its business model rather than going under, especially since the company is a major employer in my neighborhood (their HQ is about three miles from where I live). But selling unreliable, overpriced training wheels to use something as simple as the World Wide Web couldn’t last forever.

One response to “AOL IN FREE FALL”

  1. It’s amazing it took this long……

    I hope AOL manages to survive this freefall too. The last thing we need is more people hitting the unemployment lines.