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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: IKM who wrote (5289)10/27/1997 5:05:00 PM
From: Harry Larson  Read Replies (2) | Respond to of 13594
 
What great timing. Note: DJ sez it can't make $ on AOL from ads

AOL drops Dow Jones
By Janet Kornblum
October 27, 1997, 1:35 p.m. PT

"Their business model has changed," Andrews
said. To adapt, Dow Jones would have to
generate most, if not all, of its revenue from
advertising and transactions. In the old days,
AOL paid Dow Jones for its content. "The
[new] economic model just didn't work for us.
Our principal focus is delivering quality news
from the Dow Jones Business Center. We
didn't see we would make a fair return from
principally advertising and transaction
revenues."

Full text at:
news.com