Time Warner’s AOL Bill: $750M
Add us as a preferred source on Google
Get the Multichannel News Newsletter
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.
You are now subscribed
Your newsletter sign-up was successful
An account already exists for this email address, please log in.
Subscribe to our newsletter
Time Warner Inc. will pay about $750 million to resolve investigations of its America Online Inc. unit by the Securities and Exchange Commission and the Department of Justice, the Washington Post reported Tuesday.
However, the probes by the two agencies into accounting irregularities have not been completed, according to the newspaper.
Time Warner had announced earlier this month that it established a $500 million legal reserve tied to the ongoing investigations.
Multichannel Newsletter
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
CATEGORIES
