{"id":12035,"date":"2015-05-13T01:00:11","date_gmt":"2015-05-13T08:00:11","guid":{"rendered":"https:\/\/37prime.wordpress.com\/?p=12035"},"modified":"2015-05-13T01:00:11","modified_gmt":"2015-05-13T08:00:11","slug":"aol-in-1998-and-2015","status":"publish","type":"post","link":"https:\/\/37prime.com\/news\/2015\/05\/13\/aol-in-1998-and-2015\/","title":{"rendered":"AOL in 1998 and 2015"},"content":{"rendered":"

\"AOL<\/p>\n

May 12, 2015
\nVerizon Press Release:<\/p>\n

Verizon to acquire AOL<\/a><\/p>\n

NEW YORK \u2013 Taking another significant step in building digital and video platforms to drive future growth, Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the signing of an agreement to purchase AOL Inc. (NYSE: AOL) for $50 per share — an estimated total value of approximately $4.4 billion.<\/p><\/blockquote>\n

This was the Tech news of the day.<\/p>\n

——-<\/p>\n

November 24, 1998<\/p>\n

AOL acquired\u00a0Netscape Communications in a $4.2 billion deal.<\/p><\/blockquote>\n

Sources:\u00a0CNN<\/a>,\u00a0Wikipedia<\/a><\/p>\n

After inflation adjustment, the $4.2 billion\u00a0AOL spent to acquire Netscape equals roughly $6.05 billion in 2015. (per\u00a0Bureau of Labor Statistic CPI Inflation Calculator<\/a>)<\/p>\n

\"Inflation<\/p>\n

Where have all AOL’s value gone?<\/p>\n

Related:
\nBy the numbers: AOL then and now<\/a>\u00a0(Quartz)<\/p>\n

John Gruber’s\u00a0Daring Fireball<\/a>:<\/p>\n

Consider how far AOL has fallen, and how much the media world has changed: in 2000\u00a0AOL acquired Time Warner for $182 billion<\/a>, creating a post-merger company then valued at over $350 billion.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

May 12, 2015 Verizon Press Release: Verizon to acquire AOL NEW YORK \u2013 Taking another significant step in building digital and video platforms to drive future growth, Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the signing of an agreement to purchase AOL Inc. (NYSE: AOL) for $50 per share — an estimated total value … <\/p>\n

Continue reading “AOL in 1998 and 2015”<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[136,150,370,1523,2141,936,3113],"class_list":["post-12035","post","type-post","status-publish","format-standard","hentry","category-news","tag-136","tag-150","tag-aol","tag-inflation","tag-netscape","tag-tech","tag-verizon"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pcNtU-387","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/posts\/12035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/comments?post=12035"}],"version-history":[{"count":0,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/posts\/12035\/revisions"}],"wp:attachment":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/media?parent=12035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/categories?post=12035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/tags?post=12035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}