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The Federal Communications Commission approves the AOL-Time Warner union, the last regulatory hurdle for the two companies in their historic merger.

CNET News staff
2 min read
AOL Time Warner a done deal; how will it affect you?

By CNET News.com Staff
January 12, 2001, 2:30 p.m. PT

The Federal Communications Commission approves the AOL-Time Warner union, the last regulatory hurdle for the two companies in their historic merger.

FCC critics call IM conditions toothless
As the industry takes a closer look at the IM conditions imposed on America Online by the FCC, a consensus is forming that the Internet giant got a free pass.

FCC decision unanimous but not harmonious
The discord that has emerged among the five commissioners during their long

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Did AOL Time Warner burst the Internet bubble?
Don Luskin, MetaMarkets.com CEO

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AOL, Time Warner receive FCC blessing
William Kennard, FCC chairman

review of the merger could provide the plot for a Warner Bros. cartoon, complete with brickbats.

Will it fly on Wall Street?
Though the combined company needed the government's approval to be created, AOL Time Warner needs Wall Street's support to thrive.

AOL Time Warner to spin wide web
The companies are on track to create an unprecedented unit with significant marketing power--despite restrictions on the merger.

Company could tap music, video wealth
The massive hype surrounding the deal points to big changes in the Net world. But what will consumers get that is truly revolutionary?


You've got a megamerger
update America Online and Time Warner complete their historic merger shortly after the Federal Communications Commission approves the $106 billion deal with conditions.

In AOL merger, the watchdog is watched
The federal review of the merger may face its biggest test in 2001, when a government-appointed chaperone begins to referee the deal.

 Leading the charge
Steve Case: The AOL chief executive becomes chairman of AOL Time Warner. In his new role, he will focus primarily on strategic issues involving the company's policy initiatives, global expansion and investments. Case was one of the co-founders of AOL in 1985.
Gerald Levin: Formerly Time Warner's chief executive, Levin becomes CEO of the combined company and will focus on day-to-day operations. He has been CEO of Time Warner since December 1992 and chairman of the board since January 1993.
Bob Pittman: The AOL president becomes one of the co-chief operating officers of AOL Time Warner. He will oversee the operations of several divisions, including AOL, Time Warner Cable, Time Inc., Home Box Office, Turner Broadcasting System, The WB Television Network and business development. Pittman joined AOL as president and chief executive of the AOL Networks unit in October 1996 and was appointed president and chief operating officer in February 1998.
Richard Parsons: The Time Warner president joins Pittman as co-chief operating officer. He will oversee Warner Bros., New Line Cinema, Warner Music Group and Time Warner Trade Publishing, as well as the legal and human resources departments. Parsons joined Time Warner's board in January 1991 and became its president in October 1994.