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Internet

Short Take: AOL, Bertelsmann doing Australian AOL for 1998

America Online along with Bertelsmann announced they are jointly launching an Australian version of AOL in 1998. Bertelsmann plans to make an initial investment of between $27 to $41 million to fund the launch. Australia is considered to be one of the fastest growing Internet markets.

    America Online along with Bertelsmann announced they are jointly launching an Australian version of AOL in 1998. Bertelsmann plans to make an initial investment of between $27 to $41 million to fund the launch. Australia is considered to be one of the fastest growing Internet markets.