August 6, 1998
* Tel-Save Holdings Inc., a U.S. long-distance phone company, expects to announce by Monday whether it will sell the company or resume a share buyback when it reports second-quarter earnings, CEO Daniel Borislow said. Last month, New Hope, Pa.-based Tel-Save said it was in talks with several companies about a sale, including other telecom firms and an Internet company.
July 9, 1997 |
America Online Inc. on Tuesday signed marketing agreements valued at $44 million with Amazon.com Inc. and 1-800-Flowers as part of its strategy to use its 8 million members to attract partners. AOL will get $25 million from 1-800-Flowers, plus some of the revenue generated by the florist. Internet-based bookseller Amazon.com will pay $19 million over three years for promotion on AOL's Web site and NetFind Internet directory.
July 23, 1997 |
America Online Inc. said that next month it will start releasing its 8 million subscribers' telephone numbers to some of its marketing partners. The No. 1 online service will let companies with which it has marketing and online agreements use the phone lists so they can call customers to offer products and services. The company this month posted the new policy online. The decision could annoy AOL customers who associate online services with anonymity, analysts said.
March 5, 1997 |
America Online Inc. said Tuesday it planned to place advertising in company-sponsored discussion areas, or chat rooms, as part of the world's largest online service's bid to expand its revenue base beyond mainly subscriber fees. The Dulles, Va.-based company said placing ads in the chat rooms would generate 360 million ad "impressions" every month, a program one analyst estimated could generate $15 million to $25 million in new revenue in 1997.