03 mai 2007, 0h00
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At first glance, Randy Falco looks like a genius. Only months after the former NBC executive took the helm at AOL, its strategic about-face is bearing fruit. But Falco is merely the beneficiary of a scheme hatched by his predecessor, Jon Miller, who deserves the real credit for AOL’s dramatic turnaround. AOL abandoned its subscription-based business model last year and switched to a free, advertising-driven strategy. Operating profit at the Time Warner internet unit rose 27%, even though its rev...
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