TELECOM Digest OnLine - Sorted: Time Warner Gets $300 Million Google Promotion Credits


Time Warner Gets $300 Million Google Promotion Credits


Reuters News Wire (reuters@telecom-digest.org)
Tue, 10 Jan 2006 12:23:38 -0600

Time Warner Inc. has received about $300 million in promotion credits
from Google Inc. as part of its previously announced deal, a top
executive said on Tuesday.

"Google has given us promotional dollar credits to drive traffic to
the tune of about $300 million," Jeffrey Bewkes, Time Warner chief
operating officer, told investors on Tuesday at an investors
conference.

AOL can use the credits to bid for advertising search terms on Google.

The two companies in December expanded their partnership, which
included Google purchasing a 5 percent stake, worth $1 billion, in
AOL.

Copyright 2006 Reuters Limited.

NOTE: For more telecom/internet/networking/computer news from the
daily media, check out our feature 'Telecom Digest Extra' each day at
http://telecom-digest.org/td-extra/more-news.html . Hundreds of new
articles daily. And, discuss this and other topics in our forum at
http://telecom-digest.org/forum (or)
http://telecom-digest.org/chat/index.html

For more Reuters News headlines and stories, please go to:
http://telecom-digest.org/td-extra/newstoday.html

Post Followup Article Use your browser's quoting feature to quote article into reply
Go to Next message: S. Srinivasan: "Indian States Monitoring Cybercafe Users"
Go to Previous message: Steven Lichter: "Re: Era of the BBS"
TELECOM Digest: Home Page