"By throwing in the towel on its access business, AOL/Time Warner is telling all its $25-a-month paying customers: you can give this money to our competitors such as AT&T or Comcast, just keep using our friendly services. Either this is an incredibly astute strategy or simply the biggest corporate bungle since, well, AOL & Time Warner merged."
--Journalist Om Malik, wondering if AOL's big bet will go wrong.
(Susan sez: I feel exactlythe same way as Om...this is risky business...but they know that.)
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I agree ... this is risky business and it carries a big pricetag: potentially hundreds of millions of dollars in lost revenue and thousands of jobs cuts to make up for it. Seems like a bitter pill to swallow, however necessary.