February 4, 2005

AOL loses subscribers

by brian_turner

AOL, the controversial internet division of Time-Warner, has reported losses of over 2 million subscribers in the US alone, with a net loss of nearly 50,000 in Europe.

While churn is not unusual in company subscriptions, this presents an embarrassingly high figure of nearly 10% in their home country.

However, despite a dip in subscription revenues, strong growth in advertising lead to 1% increase in revenues for thr year, taking it to ’4.6 billion for the company.

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