Jewish World Review Feb. 4, 2003 / 2 Adar I, 5763
While corporate America parties, one wonders about the world's largest communications company and its future
http://www.NewsAndOpinion.com | America's corporate parties have left Hawaii and South Florida and are heading to the last big bash of the winter in Atlanta.
All Star Games are corporate bazaars. The NFL had more than 30 sponsors at the Pro Bowl and every event at the NHL All-Star Game was sponsored. Now, its Atlanta's turn to host the traveling party which started with the Super Bowl and somehow it's fitting that Atlanta, one of the homes of AOL Time-Warner, is next.
AOL Time-Warner has wrote down its value by $45 billion and lost Ted Turner and that leaves some serious questions about the company's sports properties, the Atlanta Braves, Thrashers and the host of this week's NBA All-Star Game, the Hawks.
Will AOL Time-Warner sell off those properties? And who would buy the Braves without the a guarantee of continuing a lucrative cable TV deal. AOL Time-Warner shut down the CNNSI cable channel last year and didn't develop an NBA cable station.
So while corporate America parties, one wonders about the world's largest communications company and its future.
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